In his speech, Sam Woods says we must keep ‘scanning the horizon’ to identify problems in the financial system. There could be other financial crashes, so it’s vital to remain vigilant.
He gives examples of issues the Prudential Regulation Authority looks for. And he warns that, unless we keep questioning firms and ourselves about worrying developments in the markets, the work we have done to make the financial system safer could be reversed.
Scanning the horizon - speech by Sam Woods 