REGULATORY REFORM: REMAINING CHALENGES

Translation
Autor: Jaime Caruana

Summary: Despite significant progress in a number of crucial areas since the global financial crisis, the global economy and financial system remain vulnerable to unexpected shocks. There remain important challenges for financial reform: consistent implementation of already agreed reforms, building of a resilient financial system, completing the regulatory system agenda and ensuring adequate oversight - macroprudential oversight and more proactive prudential supervision.

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