There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the "macroprudential" orientation of regulatory and supervisory frameworks.
There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the "macroprudential" orientation of regulatory and supervisory frameworks. Claudio Borio speaks with INET's Marshall Auerback on this topic.
The views expressed here are my own and not necessarily those of the BIS or its member institutions.
