Daniel K Tarullo: Shadow banking and systemic risk regulation Speech by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, at the Americans for Financial Reform and Economic Policy Institute Conference, Washington DC, 22 November 2013.
With this as background, I would now like to turn to the impact of these international developments, and of the associated uncertainties and pressures in financial markets, on Canada. How is our economy faring? The international developments of the past year have affected our economy more than previously anticipated.