In the meantime our institutions continue to become more complex raising the issues of potential contagion and the effective management of systemic and liquidity risks. The need for specialists in our supervision departments to deal with these and other emerging complexities such as financial modeling, is a matter that we must address as a region.
As I conclude my address, I would like to leave you with an update on the developments that are currently taking place in Trinidad and Tobago and which will certainly have an impact on the region as a whole.