As for the future, I believe the basic architecture of Basel III is solid and that it will serve us well for years to come. But it’s no secret that the business of banking changes fast. So, it was clear from the start that some parts of any framework might have to be fine-tuned. The same is true with Basel III’s complexity.
The preservation of price and financial stability in the medium run remains our monetary policy priority, along with support to further economic growth and development, including an additional rise in employment, as well as a favourable investment environment.