Further, we will collaborate with our partner agencies to enforce these rules and to monitor their impact on the market to ensure that they are effective in achieving their goals of protecting borrowers from abusive practices and preserving the availability of credit from responsible mortgage lenders. 6  BIS Review 92/2008
Full disclosure to other regulatory authorities around the world is the right policy to pursue. For this reason, our team is working with and being trained by the US Treasury and Federal Reserve, the International Monetary Fund and the World Bank –our hosts today-, and the Treasury of Spain, among others. We are well aware that we cannot make any progress just on ourselves.