A working group was also established to review credit value adjustments (CVAs) and credit support annexures (CSAs), which might impact the efficiency and liquidity in the interbank derivative market. 4. Concluding remarks  Let me conclude by thanking you for your co-operation during the past financial year.
BIS Review 113/2000  2  In this episode, fundamentals were quite strong and access would have been maintained if it were not for the coup de grace of the Russian crisis. Subsequent financial contagion led to external financial conditions totally misaligned with the region’s strong fundamentals.