ECB Governor Urges Overhauling Shadow Banking Regs

22 Jan 2010

Paul Tucker, deputy governor of the Bank of England, is calling on regulators to revise the rules that regulate banking activities by financial institutions outside the commercial banking system.

Paul Tucker, deputy governor of the Bank of England, is calling on regulators to revise the rules that regulate banking activities by financial institutions outside the commercial banking system. In a speech in London, Tucker cited securities lending, collateral limits, asset-backed commercial paper and structured investment vehicles as ...

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