2  BIS central bankers’ speeches  enhancement of the prudential requirements related to the interplay between banks and hedge funds. This could create the potential for an asymmetry leading to distorted regulatory incentives.
I had been in favour of the creation of the euro for a long time. In the early 1990s I had negotiated, on behalf of the French Government, the Maastricht Treaty regarding the creation of the currency union; and it was an honour to negotiate with Horst Köhler, then German Staatssekretär and now President of the Federal Republic of Germany.