Bank of England’s Carney calls for ‘dynamic’ financial rules

Bank of England Governor Mark Carney told bankers on Thursday that financial regulations devised after the 2008-09 crisis cannot be set in stone, and must be flexible enough to deal with unintended consequences and unexpected gaps. Speaking in Washington, where...

Bank of England’s Carney calls for ‘dynamic’ financial rules

Bank of England Governor Mark Carney told bankers on Thursday that financial regulations devised after the 2008-09 crisis cannot be set in stone, and must be flexible enough to deal with unintended consequences and unexpected gaps. Speaking in Washington, where...