A catch-up that strongly underpins the public's trust in a system that has developed and evolved over many centuries. The Bank of Amsterdam offers an inspiring example of how financial innovations can advance an economy – and of how things can turn out badly.
It is the FSB's goal to learn from the past – and to stimulate innovations that improve the global financial system, while also advancing and protecting its stability. Crucial in this regard, is adequate regulation, and supervision, of governance, risk management, and  4/5  BIS - Central bankers' speeches  transparency.