Firstly, I will describe our objectives and approach to prudential regulation, secondly, I will consider some of the key challenges the international financial services sector faces, and thirdly, I will outline some of our priorities for 2018.
Within these broad areas, you will hear: the Central Bank’s prudential regulation priorities for delivering on its mandate of safeguarding stability and protecting consumers; that while much progress has been made in improving the safety of the financial system, more work is required to address issues that still remain; and that even as we are still dealing with legacy issues from the last financial crisis, significant headwinds and risks are on the horizon.