De Nederlandsche Bank published a speech by Executive Board member Olaf Sleijpen opening the 9th Annual Macroprudential Conference in Amsterdam, arguing that preserving financial stability requires patience, commitment and international cooperation. He cautioned that efforts to simplify banking regulation should not be confused with deregulation that relaxes rules and lowers buffers. Sleijpen pointed to post-global financial crisis reforms that strengthened bank buffers, enabling banks to absorb losses and keep extending credit during the Covid-19 shock, and said a resilient financial sector helps economies withstand shocks linked to trade barriers and geopolitical events. He called for ongoing vigilance and political willingness to act before crises, and urged continued commitment to international rulemaking and coordination through bodies including the Basel Committee and the Financial Stability Board. The conference is jointly organised by Deutsche Bundesbank, Sveriges Riksbank and DNB, with the Central Bank of Ireland joining as a new co-organiser, and includes sessions spanning income-based housing tools, quantitative easing and bond markets, and bank governance.
De Nederlandsche Bank 2025-06-18
De Nederlandsche Bank warns simplification of banking regulation must not become deregulation and urges sustained global cooperation
Olaf Sleijpen of De Nederlandsche Bank stressed at the 9th Annual Macroprudential Conference that financial stability requires patience, commitment, and international cooperation. He warned against confusing simplification of banking regulation with deregulation and emphasized post-crisis reforms' role in strengthening bank buffers. Sleijpen urged vigilance and political willingness to act preemptively, advocating for continued international coordination through bodies like the Basel Committee and the Financial Stability Board.