Carstens warns fading regulatory momentum strengthens ‘vested interests’

Agustín Carstens
Agustín Carstens
Photo: Bank of Mexico

The Bank for International Settlements’ Agustín Carstens has warned that as the “regulatory cycle” begins to turn, “vested interests” will start to regroup and fight back.

The BIS general manager told a conference in Madrid that regulators were moving into the “third phase” of the cycle. Regulations have been designed (phase one) and largely implemented (phase two), including measures to tailor global rules to “national realities”.

In the third phase, in which rules are evaluated, Carstens

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: