I am referring to the cases of unethical behavior of bankers that emerged during and in the wake of the crisis. Where and why did things start to go wrong? What are the possible remedies? And what is the role of DNB as prudential supervisor? These are the topics I would like to focus on today.
For those of us involved in the nation's finances, it means preventing activities that undermine Canadians' confidence in their economy. It means fighting against the counterfeiting of currency and goods, credit card fraud, identity theft, money laundering, and so on. And it means preventing the erosion of confidence in our financial markets. Public companies need capital to invest and create jobs.