This would enable equipping students with the basic, policy-relevant knowledge. In the macro-prudential field we are still very far from this ideal situation. More experience in the application of macro-prudential tools and in the use of new frameworks for the assessment of macro-prudential regulatory instruments needs to be acquired. More research work along the lines of MaRs and related initiatives needs to be pursued.
It is our honour that FSI and SEANZA hold this prestigious seminar in Macao, a fascinating city of a unique mix of Eastern and Western heritage and recreation, featured by various historical and nostalgic constructions as well as gigantic entertainment complexes.