Preparing for the future  Having described the recent policy response to the crisis, I turn now to the challenges that remain for the future. I will divide my remarks in three parts. First, the immediate challenge is to implement exit strategies from the current extraordinary monetary and fiscal measures.
The IAIS has advanced the effort to tackle these problems with an active and comprehensive program of outreach: by extending the length of public consultations whenever possible; by expanding participation of new stakeholders in public events; by organizing subject matter specific workshops on emerging risks; by expanding efforts to seek input from consumer groups; and, by reaching out to academics with more roundtable discussions with investors and rating agencies.