Reforming Banking and Finance: New Rules Please

23 Pages Posted: 8 Jul 2010 Last revised: 20 Nov 2010

Corrado Passera

Banca Intesa Sanpaolo, Milan

Date Written: June 1, 2010

Abstract

We should put an end to regulatory uncertainty that has for too long been hampering the financial and banking system. We badly and urgently need some fundamental rules that politicians and regulatory authorities have to define in a perspective of a new global governance. Simplicity and regulatory incentives have in particular to be provided to those categories of banks that may play a more concrete role in fostering economic growth and job creation.

Suggested Citation

Passera, Corrado, Reforming Banking and Finance: New Rules Please (June 1, 2010). Paolo Baffi Centre Research Paper No. 2010-66. Available at SSRN: https://ssrn.com/abstract=1635746 or http://dx.doi.org/10.2139/ssrn.1635746

Corrado Passera (Contact Author)

Banca Intesa Sanpaolo, Milan

Piazza P. Ferrari 10
Milan, 20121
Italy

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