Finance
Trump’s De-Regulation Drive Is Dangerous, France’s Villeroy Says
- Central banker says Europe should focus on simplification
- Villeroy comments in interview with Alternatives Economiques
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Bank of France Governor Francois Villeroy de Galhau said a push to de-regulate finance in the US is “dangerous” and Europe should instead focus on simplifying the application of its rules.
The French central banker said risks of stripping back oversight are particularly high when it means neglecting the crypto sector and non-bank funds.