BoE official plays down fears of global regulatory fragmentation
Risk Live: UK expects close co-operation with the US, while others express concern over the Basel III endgame
A senior official at the Bank of England has dismissed fears that the Donald Trump administration’s selections to lead US prudential regulatory agencies could stifle international co-operation on bank supervision.
“I’ve been at the Bank of England now for 11 years – and in regulation for a bit longer than that – and throughout that time, under various leaderships of the various US regulatory
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