Isarescu: Bank regulations not enough to prevent build-up of systemic vulnerabilities

Bank regulations, despite their increasing macroprudential orientation, should not be considered enough to prevent the build-up of systemic vulnerabilities, governor of the National Bank of Romania (BNR) Mugur Isarescu told a conference on Thursday.'Saying now that we won't encounter any risks in the future, as I happen to hear in debates, or comments like ‘how come that nobody anticipated the ...

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