Sabine Lautenschläger: Harmonisation paves the way for a European banking market
By Bank for International Settlements (BIS)
In this 2017 address, Sabine Lautenschläger poses two existential questions for the future of financial regulation: the necessity of global standards and the depth of European harmonization. She warns against the "nationalization" of financial rules, specifically critiquing US proposals that might postpone critical reforms like the Fundamental Review of the Trading Book (FRTB).
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