BIS central bankers’ speeches  11  •  With differentiated licences, we can get around issues of conflict of interest that arise when a bank performs multiple functions. •  Customised application of supervisory resources according to the banking type could result in optimisation of scarce resources.
*  *  *  I am delighted to have been asked to participate in this conference on “Regional Financial Stability Around the Eurozone”. This topic has gained importance as the economies - and particularly the financial systems - of South-Eastern European (SEE) countries have increasingly developed linkages both within their region and with the Eurozone.