Nout Wellink: On the euro and exports, speculation and global trade Speech by Dr Nout Wellink, President of the Netherlands Bank and President of the Bank for International Settlements, on the occasion of a luncheon conference of the Limburgse Werkgevers Vereniging, Herten-Roermond, 26 January 2005.
And we need to start a discussion about how to mitigate these risks. Or to put it more bluntly: as supervisors, do we want big banks to rely on a single CCP for important asset classes? But Brexit does not just affect the banks, of course. It also affects regulation and supervision, and these will have to adapt too.