Systematic external and internal security monitoring and testing arrangements are in place. They reveal extraordinary numbers of potential threats. Suspicious events triggering alerts number around 500 million per month. These comprise a mix of non-standard but permissible events and adverse events. The security and network control task is to distinguish these and exclude the adverse anomalies, while enabling the acceptable abnormal.
This applies in particular to internationally harmonised rules for large institutions. As you are all aware, we have undertaken extensive reform measures in the past few years and are currently working on the final details in the Basel Committee. Our work was and still is shaped by what we have learned from the financial crisis.