· Joachim Nagel Wiki · Deutsche Bundesbank WikiReducing complexity, preserving stability - outlook for European banking supervision
Read full speech on bis.org ↗ContextSpeech by the Bundesbank President at the Bavarian Banking Day in Munich.
Why it mattersThe Bundesbank President explains how to simplify bank rules without weakening capital.
Problems raised
- Banking rules have become too complex.
- Geoeconomic fragmentation raises risks.
- Lax regulation once caused the global financial crisis.
Solutions proposed
- Simplify rules without deregulating.
- Keep capital strong for stability.
- Detail the proposed simplification measures.