· François Villeroy de Galhau Wiki · Banque de France WikiPresentation of the 2021 Annual Report of the Prudential Supervision and Resolution Authority
Read full speech on bis.org ↗ContextPress conference in Paris presenting the 2021 annual report of the ACPR, the French bank and insurance supervisor; the Banque de France and ACPR keep financial firms sound.
Why it mattersVilleroy presents the supervisor's report amid war and inflation risks.
Problems raised
- The recovery tested the financial sector.
- New regulatory reforms are pending.
- Risks from the war and inflation are rising.
Solutions proposed
- Build on the sector's robustness in 2021.
- Advance regulatory reforms in 2022.
- Strengthen prudential supervision and resolution.