Financial reforms: what are the common lessons for prudential supervisors?

Financial reforms: what are the common lessons for prudential supervisors?

Speech given by Mr Jaime Caruana, General Manager of the BIS, at the IAIS Annual Conference on "Insurance as a means of socio economic development: financial crisis and the future of insurance markets", Rio de Janeiro, 22 October 2009.BIS speech | 29 October 2009by Jaime CaruanaAbstractThree key lessons from the global financial crisis are important for both banking and insurance supervisors.

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