At the national institutional level, we have begun work on the development of a National Crisis Management Plan to facilitate, if needed, a rapid response and coordinated action to financial crises. Work is also underway on the establishment of a National Financial Stability Council comprising officials from the Central Bank and other domestic regulators such as the SEC and FIU.
At this high-level Forum, members will be able to share information and views, discuss issues where responsibilities overlap and, if the need arise, co-ordinate responses to potential threats to financial stability. Conclusion In closing, Ladies and Gentlemen, it is my respectful view that the Central Bank has performed quite well in carrying out its responsibility for financial stability.