Regulators should simplify bank rules, BoE official says

04/10/2013 | Reuters · Wall Street Journal, The

Andrew Haldane, executive director for financial stability at the Bank of England, says international regulators should simplify financial rules to strengthen them. "I think we need to do a radical pruning, simplifying of our regulatory apparatus which places much less emphasis than has been the case ... on what are unreliable measures of risk," Haldane said.

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Reuters · Wall Street Journal, The

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