Finance Watch response to shadow banking consultation
Banking
alison.burns@finance-watch.org
+32471577233
19 June 2012, Brussels
Finance Watch last week submitted its consultation response to the European Commission on shadow banking. Senior research analyst Frederic Hache said: “It is crucial for systemic stability that shadow banks and their activities are regulated to an equivalent standard as banks. We welcome the broad scope of the consultation and look forward to reading the Commission’s legislative proposals in due course.”