Financial markets are interconnected and integrated internationally, creating a further challenge for central banks as they need to consider the position and cross-border transactions of global FMIs. 5. Conduct has already been raised in terms of standards, codes and governance.
Roger W Ferguson, Jr: A review of economic developments in 2001 and the economic outlook Remarks by Mr Roger W Ferguson, Jr, Vice-Chairman of the Board of Governors of the US Federal Reserve System, at the Canton Forum Speaker Series, Canton, Ohio, 27 February 2002. *  *  *  I am pleased to address the Canton Forum today.