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The Repertoire of Official Sector Interventions in the Financial System - speech by Paul Tucker
In a speech given today at the Bank of Japan's 2009 International Conference in Tokyo, Paul Tucker - Deputy Governor for Financial Stability and a member of the Monetary Policy Committee - discusses the role the authorities can and might play in the provision of liquidity and capital support to the financial system.
Published on
28 May 2009
He sets out the principles underpinning the Bank's provision of liquidity insurance to banks; and some initial thoughts on principles for other support operations.