The establishment of an international dispute resolution facility that contributes to legal certainty in the OTC derivatives markets, fits well in a broad range of initiatives to enhance financial stability. DNB therefore welcomes this initiative. Conclusion I started by saying that this is an inspiring place to discuss an international dispute resolution facility for the financial markets.
Randall S Kroszner: International capital flows and the emerging market economies Remarks by Mr Randall S Kroszner, Member of the Board of Governors of the US Federal Reserve System, at the Central Bank of Argentina Seminar, Central Bank of Argentina, Buenos Aires, 15 May 2007.