BIS central bankers’ speeches  3  4  BIS central bankers’ speeches  BIS central bankers’ speeches  5  6  BIS central bankers’ speeches  BIS central bankers’ speeches  7
This is particularly effective if it is also realized by means of a widespread presence in the territory and through on-site inspections. Banking supervision is rooted in the legal and administrative systems of each country, not least owing to the possible involvement of public money in crises.