The Committee, through its central bank and supervisory membership and outreach efforts, is in a unique position to translate broader concerns of central banks, supervisors, and others into concrete, coordinated bank supervisory and regulatory responses at both the national and global level.
Focusing resources in this way can help make the regulatory, supervisory and risk management infrastructure more resilient to emerging pockets of stress in an environment of rapid innovation and change. There are a number of practical ways we can make this link.