Hence, above all, a sense of values and ethics is the very foundation to manage conflicts of interest – “Dharma Sankat”. Professionals with high knowledge and skills, but without values and ethics, more often than not, could end up as disasters.
Today I would like to focus on how the Bank can fulfill this broad mandate by contributing to financial stability in Canada. A macroprudential approach A clear lesson of the current crisis is the need to take a macroprudential approach to financial stability.