In this speech I have focused on six specific areas of relevance for central banks that are, to a varying extent, in a state of flux. They may all lead to changes in the environment in which central banks operate.
By increasing our efforts to draw the right lessons from the crisis and implementing the necessary reforms, especially in the regulatory and supervisory frameworks, we can make sure that in the future the environment surrounding central banks will not be just different, but also more conducive to price and financial stability. 10  BIS Review 78/2009