· François Villeroy de Galhau Wiki · Banque de France WikiNew Year wishes to the Paris financial centre
Read full speech on bis.org ↗ContextNew Year wishes to the Paris financial centre by François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité de contrôle prudentiel et de resolution (ACPR), Paris, 8 January 2025.
Why it mattersThe French governor calls for simpler European financial regulation without weakening principles.
Problems raised
- The climate is uncertain.
- Financial regulation is too complex.
- Complexity blocks goals.
Solutions proposed
- Simplify financial regulation in Europe.
- Keep sound regulatory principles.
- Ensure oversight does not create obstacles.