We have fixed issues that caused financial crisis, says Mark Carney

Reforms are building a safer, simpler and fairer financial system, FSB chairman and Bank of England governor tells G20 leaders

Fundamental reforms undertaken since the US sub-prime mortgage market triggered the deepest global recession since the second world war have created a safer, simpler and fairer financial system, Mark Carney has said.

With the 10th anniversary of the financial crisis next month, Carney said the world's biggest banks were stronger, misconduct was being tackled, and the toxic forms of shadow banking were no longer a threat.

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