Carstens: regulators should not forget the non-banks

Agustín Carstens
Agustín Carstens
Photo: Bank of Mexico

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,

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