Sector Regulation Sector Regulation

Risks outside the banking sector have been ‘neglected’ by UK financial regulators, former BOE official says

Non-bank financial institutions have been allowed to take excessive risks as regulators have essentially ignored this sector, a former Bank of England deputy governor told UK lawmakers today.

Paul Tucker, who is now a fellow at Harvard Kennedy School but has a long history in UK economics, said that international regulators prioritized the

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