We want to engage about the role of high quality regulation within an effectively functioning market – one where innovation benefits consumers, there is transparency on the part of firms and competition between product providers. This combined, we believe, best supports consumers to access and choose the financial products that best suit their needs.
at the outbreak of the GFC), those economies’ central banks at present run the risk of “not having the ammunition” required to face a mild deceleration, let alone a major economic or financial shock. This, as a result of a normalization that has proceeded more slowly than originally thought, and which 4  International Monetary Fund (2019): “Global Financial Stability Report”, April.