FIVE YEARS AGO IN FXW
FIVE YEARS AGO IN FXW
BoE's Quinn Calls for Tougher Derivatives Rules
A call for separately capitalized derivatives subsidiaries to be brought under tougher regulatory control, is being made by the Bank of England's executive director Brian Quinn.
Quinn argues that the rapid growth of derivatives could lead to credit risk problems similar to less-developed country debt. "If the demand for this new source of profit should expand more quickly than the supply of people capable of doing the business, there can only be
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