But, shareholders, directors, and executives of AfrAsia should always remember that their bank does not operate on a stand-alone basis, that it is one of several players, that it is part of a system, and that any laxity can spread contagion and inflict reputational damage to the jurisdiction.
BIS central bankers’ speeches  3  Our relationship with AfrAsia has often been marked by tension, occasionally by mutual incomprehension, but I know that you never doubted our motivation. You learnt to work with a regulator which you found intrusive at times.