We are not in a popularity contest. I am going through the details of how we do what we do, so you can have confidence not just in the Central Bank, but in our financial system. When you walk out of here today I want you to leave feeling convinced the people in the Central Bank tower are not asleep behind the wheel.
(We take the punchbowl away, we don’t drink from it!) So if you would indulge me a bit more I want you to know our supervision will be comprehensive. The Central Bank is not simply confining its interests to risks faced by its regulated entities. Our supervisors will go beyond to risks posed by other entities in the financial system.