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Agustín Carstens

Agustín Carstens

Agustín Carstens has been general manager of the Bank for International Settlements since 2017. He was governor of the Bank of Mexico from 2010 to 2017. A member of the BIS Board from 2011 to 2017, he was chair of the Global Economy Meeting and the Economic Consultative Committee from 2013 until 2017. He also chaired the International Monetary and Financial Committee, the IMF's policy advisory committee from 2015 to 2017.

Banks will remain as vital as ever in the digital age as they provide the trust needed to hold our monetary system together. Able to evolve over time, they provide a stable foundation on which private financial services can build and digital innovation can thrive.

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Nonbank financial intermediaries have become intertwined with the rest of the financial system and their activities can affect the real economy, yet they remain poorly regulated.

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