The problem in the recent Mexican experience is that uncertainty has risen to levels well above those that can reasonably be deemed normal. This is the case because, as explained above, it includes events of paramount importance, complex in nature, that tend to appear only sporadically, and where the related risks can materialize simultaneously.
I wish you all a stimulating exchange of views and experience. 1 CPMI, Correspondent banking, July 2016. 2 FSB, Feasibility study on aggregation of OTC derivatives data, September 2014. 3 FSB, Proposed governance arrangements for the Unique Transaction Identifier (UTI) – Consultation  document, March 2017.