Fed’s Tarullo presses regulators for speedy reforms

Daniel Tarullo

Daniel Tarullo, a member of the Board of Governors of the Federal Reserve System, last week urged international regulators to complete and implement reforms that tackle the risks associated with "too big to fail" in the global economy.

Speaking in New York on February 22, Tarullo said the Basel Committee on Banking Supervision's proposed capital surcharge for systemically important financial institutions (Sifis) should be completed "over the next year", while global efforts to designate non-bank

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