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Financial Supervisory Authority - Finansinspektionen - “Lower Bank Profits Can Cover The Costs Of Stricter Regulation”

Date 07/10/2010

"The rules for banks around the world need to be changed to counteract excessive risk taking and to reduce the risk that the state will have to cover the bill."

 

This is what Martin Andersson, Director General, Finansinspektionen and Stefan Ingves, Governor of the Riksbank, wrote in an article on the new Basel III regulations in Dagens Nyheter on Wednesday 6 october  2010.