He has already said a moratorium on EU meat imports, which has been called for, was not allowed under EU rules.

BBC: Horsemeat scandal: France summons meat industry chiefs

He toured last year, and released an album, Chaos and Creation in the Backyard, which has been called his best in decades.

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An alternative approach, which has been called system-wide or macroprudential oversight, would broaden the mandate of regulators and supervisors to encompass consideration of potential systemic risks and weaknesses as well.

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