Fed Reserve Gov. Speech: The International Agenda for Financial Regulation
The International Agenda for Financial Regulation, Governor Daniel K. Tarullo, American Bar Association Banking Law Committee Fall Meeting, Washington, D.C., November 4, 2011 “Basel 2.5, Basel III, and the G-SIB surcharges can only reduce the chances of highly disruptive failure, not eliminate them. A necessary supplement is a strong resolution mechanism for systemically important firms, …