A European approach to simplification - avoiding three misconceptions, and suggesting concrete milestones

11 April 2025 · François Villeroy de Galhau, Governor of the Banque de France (France)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, technology, ai and cyber risk

11 Apr 2025 · François Villeroy de Galhau Wiki · Banque de France WikiA European approach to simplification - avoiding three misconceptions, and suggesting concrete milestones

ContextSpeech at the Eurofi forum in Warsaw; the Banque de France keeps prices and finance stable and supervises banks under EU rules that are being reviewed for simplification.

Why it mattersThe French governor warns that simplifying EU rules must not remove essential climate risk data.

Problems raised

Europe must act fast amid uncertainty.
Simplification could weaken climate data.
Misconceptions cloud the debate.

Solutions proposed

Simplify rules with concrete milestones.
Keep essential climate risk data.
Build on stronger post-2008 banking.

Read full speech on bis.org ↗

More speeches by François Villeroy de Galhau

Europe and China - a key economic relationship under the pressure of great uncertainty and growing imbalances · François Villeroy de Galhau (BdF), 25 May 2026
Broadening the horizon - lessons from a decade of banking supervision · François Villeroy de Galhau (BdF), 21 May 2026
A long view on monetary policy - three clarifications prompted by three challenges · François Villeroy de Galhau (BdF), 7 May 2026
One year on - why the transatlantic partnership remains of mutual interest · François Villeroy de Galhau (BdF), 15 Apr 2026

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