6/7  BIS - Central bankers' speeches  The Working Group is consulting with all the stake holders and get the best available advice, from domestic and international experts, to come up with the best structures known at the present to deal with large foreign exchange inflows. The last thing we should do is not to preempt the Working Group's deliberations and recommendations.
Third, having made the case for extensive change, I want to add a cautionary note. Even as we improve and reorient regulation, we must not lose sight of the ultimate goal. Today we are all mindful of the economic devastation that can ensue when a financial system goes badly awry. But financial stability alone is not the aim of financial regulation.