In short, we must deepen those policies that enable us to face changes in the external context and, in turn, to develop our economic institutions so as to better channel benign scenarios and improve the power of our monetary policy instruments, with the aim of being fully responsible for the achievement of the objectives set and, thus, being able to set more ambitious goals.
Skin in the game A number of commentators have urged U.S. authorities to consider requiring CCPs to place significant amounts of their own loss-absorbing resources in front of the mutualized clearing fund or other financial resources provided by clearing members.