Q&A: ACP's Nouy on CRD IV, equity in the LCR and CoCos

Last month, European policy-makers unveiled proposals that will implement Basel III across the continent, setting the stage for national disputes as member states seek to protect their own interests. Danièle Nouy, secretary-general of the Autorité de Contrôle Prudentiel, tells Ramya Jaidev consistency will prevail, but points to other challenges

Daniele Nouy
Danièle Nouy

As a former secretary-general of the Basel Committee on Banking Supervision, Danièle Nouy is all too familiar with the process of developing comprehensive regulation, then stepping back as it gets manhandled into European and national law. Given that, Nouy, now the secretary-general of the Autorité de Contrôle Prudentiel (ACP), the prudential regulator housed within the Banque de France, is relieved by the European Commission’s (EC) decision to implement elements of Basel III as untouchable

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