Practice 4: global cooperation with standard-setting bodies  Turning our attention to the fourth practice, we suggest that continued cooperation with our international peers and standard setting bodies remains important. In an environment of financial services that are unconstrained by geographical borders and globally situated third-party financial services providers such as cloud providers, continued sharing and coordination is necessary.
On this note, I am grateful that I was invited to the conference and could speak to you here at the University of Tübingen; thank you very much for your attention! 5 References Ausschuss für Finanzstabilität (2022a). Germany Financial Stability Committee Welcomes the Federal Financial Supervisory's Announced Package of Macroprudential Measures. Press release of 01/12/2022. Berlin. Ausschuss für Finanzstabilität (2022b).