Finance › Speeches › François Villeroy de Galhau

Building together a future-proof banking and payment sector in Europe

· François Villeroy de Galhau, Governor of the Banque de France (France)

Summary written by Dark Majestic in its own words · topics: financial stability, banking regulation and supervision, payments, digital money and crypto-assets, technology, ai and cyber risk

FV
· François Villeroy de Galhau Wiki · Banque de France WikiBuilding together a future-proof banking and payment sector in Europe

ContextSpeech at the Global Official Institutions Conference; the Banque de France keeps finance stable and wants a resilient European banking and payment sector.

Why it mattersVilleroy argues that strong rules kept European banks safe from the spring turmoil.

Problems raised
  1. Banking turmoil hit the US and Switzerland.
  2. Europe must remain safe from such crises.
  3. Payments are becoming digital and dominated by private players.
Solutions proposed
  1. Build on strong European regulation and supervision.
  2. Complete the banking union.
  3. Prepare a digital euro issued by the central bank.
Read full speech on bis.org ↗

More from François Villeroy de Galhau · Banque de France · all speeches

More speeches by François Villeroy de Galhau

Other leaders on financial stability