These rules, for instance, require banks to comply with certain conditions before they are allowed to use their models. Without these rules we would quickly experience a race to the bottom in capital and an uneven playing field. It is true that rules impose a burden on those who have to comply.
*  *  *  Mr. Neil Grungras, Director General of HIAS Israel, Europe, and the Middle East; Mr. Danny Adamaso, Director General of the Israel Association for Ethiopian Jews; HIAS referees; HIAS staff members and volunteers; students; and esteemed guests: It is a great honor for me to be here with you at the 2007 HIAS scholarship award ceremony.