Friday, 17 May 2013

UK: Constraining discretion in bank regulation - a speech by Andy Haldane

Last month, at the Federal Reserve Bank of Atlanta Conference on ‘Maintaining Financial Stability: Holding a Tiger by the Tail(s)', the Executive Director for Financial Stability at the Bank of EnglandAndy Haldane, delivered a speech titled Constraining discretion in bank regulation: see here (pdf). Amongst other things, Mr Haldane repeated his call for reform of the regulatory system and advocated the greater use of simple, prudent regulatory metrics. A video recording of an interview Mr Haldane gave at the conference is available below (or see here).

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