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Bank of England chief warns against loosening financial regulations, citing risks from hedge funds.
Bank of England Governor Andrew Bailey warns against reducing post-2008 financial regulations, stating there's no trade-off between economic growth and stability.
He expresses concern over the growing risks posed by large hedge funds and non-bank lenders, urging for continued vigilance and potential adaptation of regulatory measures.
This stance contrasts with government efforts to cut red tape to boost growth.
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El jefe del Banco de Inglaterra advierte contra la relajación de las regulaciones financieras, citando los riesgos de los fondos de cobertura.