ContextDinner speech by Agustín Carstens, General Manager of the BIS, at the joint European Banking Authority and European Central Bank international conference, Frankfurt am Main, 3 September 2024.
Why it mattersThe BIS head calls for adequately resourced supervisors that cooperate across borders.
Problems raised
Supervisory challenges cross borders.
Supervisors' tasks keep growing.
Resources may be insufficient.
Solutions proposed
Cooperate internationally, as the SSM does.
Extend cooperation to competition and privacy authorities.
