The next half year should be a period  2  BIS central bankers’ speeches  where we ask our colleagues from the Fed, how they want to implement the new foreign bank rules. And then we need to talk in the European arena how we want to react in particular when we are talking about reciprocity.
Our measure of success should be the jobs that are created, not by giving government subsidies or protections to labour-intensive industries or sectors but by developing a facilitating, though competitive, environment that will result in the emergence of the best solutions. This I would suggest the way forward for meeting our dream of Financial Inclusion. Some of the measures are already in pipeline.