Buba’s Dombret on drawing up shadow banking sector
Andreas Dombret, a member of the Bundesbank's executive board, on Thursday outlined the importance of defining a perimeter for shadow banks and how they are supervised.
At the opening lecture at the Generation Forum in Eltville, Germany, Dombret said: "The stricter rules imposed on banks via Basel III and the rules for systematically important financial institutions entail the realistic danger that activities will be shifted to less regulated areas. Therefore, it is imperative for us to better
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