One of the reasons to collect and collate financial data through regulatory reporting is to make sure essential information is available to regulators in case of bank distress. But can policy-makers use the same data to understand which policy approaches might help reduce the impact of bank stress on the wider economy?
Another speech looking at the lessons learned from the financial crisis was delivered recently by Mr Agustín Carstens, General Manager of the BIS, at the Ninth Irving Fisher Committee (IFC) Conference in Basel. Mr. Carstens is asking if post-crisis statistical initiatives have been completed. While we have come a long way to achieving post-crisis statistical […]