Stanley Fischer: The importance of the nonbank financial sector

Stanley Fischer: The importance of the nonbank financial sector

Stanley Fischer: The importance of the nonbank financial sector

Speech by Mr Stanley Fischer, Vice Chair of the Board of Governors of the Federal Reserve System, at the "Debt and Financial Stability - Regulatory Challenges" conference, organized by the Bundesbank and the German Ministry of Finance, Frankfurt am Main, 27 March 2015.The views expressed in this speech are those of the speaker and not the view of the BIS.

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