Ingves: ‘no doubts’ about post-crisis regulation

Market fragility fears outweighed by benefits of new rules, says Basel chairman

sveriges-riksbanks-huvudkontor-vid-brunkebergstorg
Sveriges Riksbank: governor says rules "a gain for society"

Stefan Ingves, chairman of the Basel Committee on Banking Supervision, has dismissed concerns about the impact of post-crisis regulation on financial markets, arguing any damage is more than outweighed by the increased robustness of the financial system as a whole.

"Given we know what the cost of a crashing financial system is, I think the work that has been done is an investment with very high return. Some things are fundamentally meant to change in the financial sector," Ingves said in an

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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