FSA’s Turner outlines reforms needed in eurozone

adair

Adair Turner, chairman of the Financial Service Authority, today offered his support to calls for a flexible Basel III approach, allowing countries to impose higher capital requirements as they see fit.

Speaking at the Central Bank of Ireland's conference on Financial Regulation: The Response to the Crisis in Dublin, Turner said a level of national autonomy should be retained in relation to setting capital requirement levels.

"Small countries with large banking systems, such as Ireland, need to

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] 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: