Tuesday | 29 Sep 2020
16 Jul 2009

Mind the Basel Gap

Karel Lannoo

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In assessing the current proposals for financial market regulation in response to the financial crisis, CEPS Chief Executive Karel Lannoo laments that policy-makers and regulators seem intent on further complicating the already complex maze of financial market rules. Rather than merely amending existing rules on the fringes, he calls for fundamental reform of the capital adequacy system.