This deviation may persist depending on how quickly offsetting forces come into play. In this regard, it is important to enhance the transparency of physical and futures commodity markets in order to improve the market price discovery mechanism. In this context, improving the quality and timeliness of information in physical-products and commodity-derivatives markets is essential.
Does this mean that there is no room to improve the current rules? Definitely not. There may be some topics which we have not yet addressed or which might need addressing because changes in the regulatory environment are always met with evasive manoeuvres. 1/3  BIS central bankers' speeches  One example is the shadow banking sector.