On 1 June 2016, Sir Paul Tucker delivered the keynote address at the Finance Watch Conference in Brussels. Sir Paul’s speech, entitled “Reform as Precondition for Competition and Innovation,” highlights the membership, mission, and important work of the Council in providing a needed, independent voice for financial stability. He observes that desirable competition and innovation within Europe will be the fruits of financial stability, which itself will be the product of needed reforms—most notably a resolution regime based on bail-ins and not bailouts.
See the full speech below:
Speech by Sir Paul Tucker at the Finance Watch Conference, Brussels – June 1 2016