accounting). This work encompasses the regular monitoring and assessment of developments in these areas as well as contributing to European and international discussions on regulatory and supervisory issues.
This three-pronged approach allows us to focus on the distinct but complementary activities related to financial stability surveillance, systemic risk assessment and policy responses, respectively, while still ensuring that interlinkages between these elements are considered in  BIS central bankers’ speeches  1  an integrated manner when providing financial stability advice to the decision-making bodies of the Eurosystem, the European Systemic Risk Board and to the wider public.