Regulators and financial firms may be tiring of the post-crisis push for higher standards but there is still work to be done, the new general manager of the Bank for International Settlements said in a recent speech.
In remarks in Zurich, Agustín Carstens said a key risk was that support for further measures may be fading. “You may say none too soon,” he said. “But not so fast. It is important not to take just a narrow banking perspective.”
“Much remains to be done” in the field of non-banks,