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Regulatory Forebearance: Proportionality or Laxity?
CEO Tenure Limits Continue to Divide Opinions in the Banking Sector
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GLOBAL HEADLINES
Regulatory Forebearance: Proportionality or Laxity?
The Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) has authored several working papers and policy guidance on the principle of proportionality and its impact on regulation and supervision across several jurisdictions. For clarity, proportionality in the broad sense means applying global norms (e.g., rules, standards, oversight) to market actors in ways that are sensitive to their…
