Mexican deputy says regulation should not be adopted 'unconditionally'

manuel-ramos

A deputy governor of the Bank of Mexico, Manuel Ramos-Francia, said countries are "unconditionally embracing risk regulation" without thought for its implications.

Speaking at September's G-20 Conference on Financial Systemic Risk in Istanbul, Ramos-Francia said there is a certain level of risk in the global economy that is impossible to eliminate. Countries should seek to minimise this level, while maintaining crisis contingency plans, he said.

However, he added there is a trade-off between

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