Banque de France’s Denis Beau on supervisory reform
The Banque de France’s deputy governor speaks about suppression of the systemic risk buffer, proposals for a TLAC floor, and simplifying bank regulation and resolution
You sit on the supervisory board of the Single Supervisory Mechanism (SSM). Can you provide some context on the current debate around modernising the regulatory framework in Europe?
I’ve been on the supervisory board of the SSM for nine years. There is an ongoing debate at European and international level about modernising the regulatory framework. From the supervisory side, we have already undertaken a number of reforms, including the ‘Next Level Supervision’ programme and the reform of the
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