•  The work results directly from our objective to ensure a robust economy with stable prices and financial stability. •  Our most prominent role in – and contribution to – the transition is to live up to our mandate of ensuring a robust economy with financial stability.
We will continue to review the banks’ operations and strategies and where there are deficiencies or we think things should be done better we will let them know. Addressing mortgage arrears was never going to be a short-term issue. We have always believed it was going to take time to tackle the issues and take a number of years to work out.