As supervisors, our goal must be to stay abreast of best practices, incorporate these practices into our own procedures where appropriate, and do so in a way that allows banks to remain sufficiently flexible and competitive. In conducting prudential regulation we should always remember that the optimal number of bank failures is not zero.
DeLisle Worrell: Debating social science issues in the Caribbean Opening remarks by Dr DeLisle Worrell, Governor of the Central Bank of Barbados, at the 2016 Annual Review Seminar, Bridgetown, 26 July 2016. *  *  *  A warm welcome to the 2016 Annual Review Seminar (ARS).