7 Based on these indicators, one can conclude that on average, capital markets in euro area countries tend to be smaller than those of the UK and US, and roughly comparable in size to those of Japan.
I am certain that the inputs received from this programme would assist in improving knowledge and understanding of the relevant subject areas both for the relatively new as well as experienced inspecting officials who have gathered here, which is of particular significance in the present context of moving to a risk based approach to supervision coupled with proposed migration of some of the banks to advanced approaches for computation of capital in the near future.