Banque de France’s Denis Beau on cyber attack, Libor and system stability

Forewarned is forearmed

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Since the financial crisis, central banks have found themselves in an ever-strengthening spotlight. Aside from their often-controversial roles in setting monetary policy during the most serious postwar economic downturn, they have also taken on new prominence as the guardians of the financial sector. Changes in regulatory frameworks have meant that in jurisdictions such as the UK and Belgium the central banks will be taking a much more active role in prudential regulation. Not only will they

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