•  Private pension plans’ funding surpluses are declining partly due to persistently low interest rates. In closing, I give you the assurance that the Central Bank is prepared to take early and decisive corrective actions to prevent a build-up of unmitigated risks in individual financial institutions, or in the financial system as a whole. I thank you. BIS central bankers’ speeches  5
Clearly, the topic selection and coverage should keep all participants excited not just to learn from the resource persons but also to share experiences across the region. I am convinced, therefore, that you do not need any urging from me to remain focused.