Paul Tucker (right), the newly-appointed chair of the Systemic Risk Council, the U.S.-based lobbying group that campaigns on financial services regulation, has warned against complacency from the regulators now that the global financial crisis has passed its peak.
In an interview with the Financial Times, the former Bank of England deputy governor said he would use his new role to ensure policymakers’ determination to reform the financial system does not fade.
Tucker's experience in financial services regulation covers the peak of the financial crisis: He was Deputy Governor at the Bank of England from 2009 through 2013. He joined the Bank in 1980 and played a major role in many of the most significant developments in the international financial system. He also served as a member of the G20 Financial Stability Board Steering Committee and chaired the FSB’s group on resolving large and complex banks.
About The Forum
The Regulation Forum is a networking group for those involved in managing regulatory change issues in financial services, especially in data management. Contributions are welcome. Please contact email@example.com
Some images courtesy FreeDigitalPhotos.net