Supervisors, therefore, will be enhancing their focus on the capacity of a firm as a whole to manage risk and to integrate risk assessments into the overall decision-making by senior management. Additional emphasis on enhancing stress-testing is also appropriate to focus more bank attention on risks that have a low probability of occurrence but unacceptably high potential costs.
I hope that you will keep this in mind during this three day workshop, as you deliberate and develop your individual action plans, to regulate and supervise these types of institutions in your own countries. I also note the greater participation of Mobile Network Operators (MNOs) in financial inclusion in our countries.