Further advances are particularly needed in the fields of macro-prudential policy and regulation, and the Eurosystem aims to continue contributing to a filling of this knowledge gap, in particular via its Macroprudential Research Network and its involvement with the European Systemic Risk Board.
I am confident that Lasse Pedersen will continue making extraordinary contributions in the coming years and hereby extend my very best congratulations to him for winning the 2011 Bernácer Prize. I thank you for your kind attention. BIS central bankers’ speeches  3