8 The Bahamas will also be able to continue to leverage support from the international community, of which it is a part and to which the country also contributes when others face tragedies. It includes invaluable access to technical assistance, specialized skills that permit accelerated the rebuilding, and generous financial donations.
The establishment of the ESRB along with its sister body, the European System of Financial Supervision, which will work in close co-operation, should represent a significant step in this direction. In the new setting, macro-prudential policy instruments should aim at influencing variables such as maturity mismatches, excessive credit growth, leverage, or the risk appetite of market participants.