That is why we provide guidance around emerging risk issues, such as the current proposals for commercial real estate and nontraditional mortgages. We also work to make sure innovations in financial instruments are encouraged and used in appropriate risk-management frameworks, and we periodically will change regulatory policy to support sound risk management.
2/3  BIS central bankers' speeches  In order to continue our transformation to a cash-lite economy, we need to keep up and strengthen our whole-of-government approach and collaboration with relevant stakeholders both from the public and the private sector.