· François Villeroy de Galhau Wiki · Banque de France WikiFinancial regulation - a French perspective
Read full speech on bis.org ↗ContextSpeech at the Financial System Conference in Dublin; the Banque de France keeps finance stable and shares a French view of financial regulation.
Why it mattersVilleroy warns about stress spreading from commodity markets.
Problems raised
- Financial stability returns to the front stage.
- Commodity market stress could spill over.
- Inflation may become entrenched.
Solutions proposed
- Test past reforms.
- Watch new pockets of stress.
- Normalise monetary policy.