( October 3, 2025, 15:36 GMT | Official Statement) -- MLex Summary: Non-banks involved in bank-like activities, or with significant links to the banking sector, should face tougher regulation and supervision on a par with banks, European Central Bank president Christine Lagarde said Friday. Speaking at an event in Amsterdam, she said that non-banks, particularly investment funds operate under "far lighter rules" compared with the banking sector despite their systemic importance. "It is vital that policymakers adapt regulation and supervision to this challenging environment. They should do so not by lowering standards for banks, but by levelling them up for non-banks," she said.Speech is attached....
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