Dombret Says Regulators Must Ensure Smooth Brexit

The video discusses the implications of Brexit on regulatory transitions, emphasizing the need for a smooth process. It addresses trust issues in banks and regulators, highlighting the importance of transparency and effective supervision. The discussion extends to the European monetary system, focusing on target 2 balances and the stability of the monetary union.

What is the primary concern of regulators regarding Brexit?

• Reducing taxes

• Increasing bank profits

• Expanding the EU

• Ensuring a smooth transition

What is the main criticism from investors like Neil Woodford?

• Excessive government intervention

• Lack of transparency in regulations

• High interest rates

• Low bank profits

How do regulators ensure transparency in the banking sector?

• By conducting stress tests

• By limiting bank operations

• By reducing taxes

• By increasing interest rates

What does the target 2 balance indicate?

• The unemployment rate

• The GDP growth rate

• The level of inflation

• Financial tensions within Europe

What is the stance of the speaker on the European monetary system?

• It is stable and trustworthy

• It is outdated

• It is failing

• It needs immediate reform