Malta's Bonello on the cb & financial stability

In a speech on 'The Central Bank of Malta and financial stability' given on 13 September Michael Bonello of the Central Bank of Malta said there are clearly several good reasons why sound regulatory and oversight practices remain vital for the stability of our financial system and why, therefore, the Central Bank of Malta and the MFSA must work more effectively together.

"It is also evident, however, that on their own these two institutions cannot provide full protection against systemic

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