We are currently undertaking a strategic review of these two systems and will be releasing a progress report this week. But this is not my topic today. •  The Bank’s third role, undertaken jointly with the Financial Markets Authority (FMA), is the regulatory oversight of payment and settlement systems.
“There are a number of things. The biggest risk to the positive trend I see is that we are not doing enough – that we are in positive territory, that markets stay calm. So, the biggest risk is complacency and reform fatigue. The second one that worries me is that in this crisis we see national stereotypes resurface.