Therefore we need to continue thinking about how we can make the international monetary system more resilient to such imbalances and policy structures more flexible in addressing them more effectively than the case in the past. In this regard I welcome the focus of the French G20 Presidency on the process of mutual assessment of its members’ macroeconomic and structural policies. 3.
I therefore will not be surprised if Social Media becomes one of the most important sources of systemic risk going forward. But banks can also use these technologies to strengthen their core functions like collateral monitoring and investment and lending decisions to manage their risks better.