Bundesbank's Dombret: shadow banking oversight is “miles away”

Regulators may never be able to fully monitor risks created by shadow banking

andreas-dombret-app
Andreas Dombret, Deutsche Bundesbank

Regulators are a long way from being able to track shadow banking risks and may never be able to do so perfectly, says Andreas Dombret, a member of the six-strong board of the Deutsche Bundesbank.

"We are miles away from being able to monitor this shadow banking risk. We are very much trying to monitor it – through many initiatives – but we are not there yet," he said.

In an interview with Risk, Dombret acknowledges that banks face higher costs as a result of post-crisis regulation and that the

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