It is not entirely surprising that there has been a recurring theme in report after report on financial sector reforms in the country that has suggested strengthening of PSB governance through improvement in top management and Board member appointments; or, ownership neutrality in banking regulatory powers; or improving market discipline by considering a variety of diverse ownership structures.
Ladies and Gentlemen, It is a real pleasure to be here in Vienna to exchange views on the future of global governance. Vienna is certainly a city with a long tradition of discussing issues with a global dimension.