Visco wary of changing regulation on sovereign exposures

Ignazio Visco
Ignazio Visco: "I doubt further changes in prudential regulation are the right instrument"

Bank of Italy governor Ignazio Visco expressed scepticism on May 2, in regard to changing the prudential regulation of sovereign exposures, arguing there may be better ways of addressing sovereign risk.

Sovereign exposures are essentially subject to no concentration limits and a zero risk weight regime, Visco told an audience in Rome. However, the recognition there is "no truly risk-free asset" does not necessarily mean their regulatory treatment should change.

"I doubt that further changes in

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: