We also need to ensure that where disruptions do occur, firms can continue to operate or recover quickly, minimising any adverse impact on the functioning of the system as a whole. FMIs play a critical role in promoting the stability of the financial system, and the world in which they operate is evolving and changing rapidly.
For instance, to capture market-liquidity risk in capital adequacy assessments, banks may decide to make adjustments in other risk areas, such as  4  Randall S. Kroszner (2007), "Recent Events in Financial Markets," speech delivered at the Institute of International Bankers Annual Breakfast Dialogue, Washington, October 22.