"People understand it much better now, and my sense of it is that there isn't anything like that kind of stacking (leveraging) in the marketplace … So I think that the volatility thing is probably not nearly as concerning as what we saw then."

Stephen Poloz, Bank of Canada governor,

suggesting that market volatility spurred by the US Federal Reserve's plans to scale back its massive stimulus program is less of a concern now than it was earlier this year, Reuters reported. Investors understand the Fed's thinking much better than they did when Chairman Ben Bernanke first mentioned the possibility of tapering the US central bank's $85 billion in monthly asset purchases on May 22, Poloz said. The market's huge one-way bets on the Fed continuing its so-called quantitative easing suddenly had to reverse at that time, causing market turmoil, but Poloz argued that the impact now will be much smaller.

"The proposal on governance looks very complicated … In resolving a bank, one would want to be able to do it over a single weekend at the maximum. So anything that is too cumbersome, with various layers to it, won't be effective."

Michael Noonan, finance minister for Ireland,

commenting on the details of an ambitious new scheme from eurozone finance ministers to close troubled banks in the currency bloc, Reuters reported. But there is a question mark over the new procedure for closing a bank, as documents circulating among diplomats show an increasingly complicated structure emerging. Under draft plans, banks will provide the cash to pay for the closure of failed lenders, giving 55 billion euros ($76 billion) over 10 years.

"Our results show that we are prepared to tackle the breadth and complexity of today's securities markets."

Mary Jo White, chair of the Securities and Exchange Commission (SEC),

commenting on the record $3.4 billion the SEC collected from 2013 cases, up 10 percent from the previous year, Reuters reported. The sanctions were boosted in part by a more than $600 million settlement with a unit of hedge fund SAC Capital Advisors, $525 million with BP plc and a $200 million fine of JPMorgan Chase & Co. Fiscal 2013's total sanctions were 22 percent higher than those obtained in the 2011 fiscal year, the agency also said.