Sustaining the reform impetus is crucial, especially now that the recovery of the banking sector from this unprecedented credit crisis, across the world and in Greece, appears under way.
For the financial industry and us regulators, this situation simply means that good plans have to be carried to fruition, changes need to be institutionalized, and adjustments to the business models need to continue and not be forgotten. Reform is a continuous process, not merely a reaction to a shock. Thank you for your attention. BIS Review 18/2010  5