We should seriously consider the requirement that they must be standardized and traded in exchanges and clearing houses. 19)  It has been proven that international cooperation is paramount before and after the outbreak in the context of financial stability. Therefore cross-border regulatory supervision should be absolutely upheld for multi-national financial institutions. The malpractice of “regulatory arbitrage” should not be allowed to exist.
This is too low to support higher growth rates that will reduce unemployment and emigration. Improvements in regulatory quality, fair and transparent ‘rules of the game’, and transparent and accountable institutions will help attract higher levels of foreign investment.