ECB's head of regulation/supervision out with scheduled speech 15 Sept
- regulators engaged in game of catch-up with banks
- working around rules might lead to another crisis
- today's rules leave less scope for regulatory arbitrage
- ECB to watch back-to-back booking post-Brexit
Nothing to move markets in this.
Full speech entitled "Gaming the rules or ruling the game? - How to deal with regulatory arbitrage" here for those interested.
