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BOE deputy governor sees barriers to global regulatory cooperation

Tuesday, October 25, 2016 - 05:50

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Regulators were understandably reluctant to think beyond their own borders, said Ms Shafik.

London

BARRIERS to cooperation between different countries' financial regulators remain high, despite the shared nature of risks from rapid lending growth, Bank of England (BOE) deputy governor Minouche Shafik said on Monday.

Ms Shafik, who is responsible for financial markets at

sentifi.com

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