I have touched, today, on some of the measures which go under the rubric of the International Architecture, but I have no doubt that the main task is in the hands of the policymakers of these countries.
Central to this is to work much harder on prudential supervision, to create a set of rules which is both feasible of application and thoroughgoing in keeping the banking system as a whole safe. It is a formidable task, which will take dedication and the persistent application of common sense. I wish them well. 3  BIS Review 131/1999