I therefore expect the Technical Committee to fast-track this activity and submit a preliminary report to the Chief Executive Officers at the earliest opportunity. 2. SMART regulation to Foster Stability of the Financial System: The wave of innovations in the financial sector has resulted in increased cross industry, cross sector and cross border operations, and interconnectedness within the financial sector.
Extracurricular initiatives also need to be stepped up. Specifically, I would propose creating a young researchers competition for economic and financial topics, too. At the end of the day, whether or not every one of you agrees with every point I have made is of secondary importance.