We therefore manage each of these roles separately, although with close co-ordination, and in practice we find that they rarely come into any conflict. Almost all of the roles are core businesses for central banks. The only exception to this is the Austraclear operation, which is more commercial in nature, and may not be an essential component of the Reserve Bank.
I end as I began, with a number: we have only 360 days to prepare for the Fourth Round Mutual Evaluation scheduled for 2015. I thank you. 2  BIS central bankers’ speeches