We need the necessary resolve to work increasingly in a cooperative fashion with institutions such as the IMF, the BIS and the FSF and the G-20 to come up with action plans which should be implemented urgently and comprehensively. We need new global governance structures that are inclusive for all the stakeholders. Thank you very much. 4  BIS Review 126/2008
The foreign exchange market reforms and digitization of the financial system are other critical and complementary reforms. Forward together The task of implementing reforms is fraught with challenges. It is a long journey but we are taking purposeful strides forward, together. To be sure, there is still much work to be done. There are further refinements in operational rules, data access, and monitoring processes.