Guy Quaden: Basel III and beyond Speech by Mr Guy Quaden, Governor of the National Bank of Belgium, at the Eurofi Financial Forum, Brussels, 28 September 2010. *  *  *  Ladies and Gentlemen, I am very pleased to have the opportunity to participate in the Brussels Eurofi conference and to share some thoughts with you at this opening session.
It is now just about 3 years after the US subprime crisis triggered world-wide financial turbulence and 2 years after the collapse of Lehman Brothers dramatically escalated the crisis. The crisis has seriously dented belief in the ability of the markets to regulate themselves. There are currently a lot of items on the agenda of international fora waiting to be dealt with.