· François Villeroy de Galhau Wiki · Banque de France WikiArmed peace and risk proportionality - how to strike the right balance
Read full speech on bis.org ↗ContextSpeech at the Single Resolution Board annual conference in Brussels; the Banque de France and its supervisor ACPR keep banks sound and debate proportionate rules.
Why it mattersVilleroy argues that resolution planning relies too much on bail-in.
Problems raised
- Resolution planning focuses too much on bail-in.
- Proportionality is needed.
- Risks must be balanced.
Solutions proposed
- Consider all resolution tools.
- Strike the right balance.
- Support the Single Resolution Board.