France's Noyer: sound risk management crucial

Financial regulation is not a substitute for financial institutions' sound and efficient management framework, said Christian Noyer, the governor of the Banque de France.

Noyer said that it was unrealistic to believe that financial regulation was capable of protecting the economy from the risk of financial instability. He said that financial regulation should create incentives for financial system participants to develop adequate risk management.

Click here to read the speech

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected]m to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: