I expect that the planned work of the international community in this area will provide a welcome contribution to reducing the degree of potential pro-cyclicality associated with the functioning of global finance. I thank you for your attention. 6  BIS Review 71/2008
This requires an upgrade of technology used by smaller exchanges in particular. BIS Review 15/2008  1  You will contribute to regional financial stability by fostering market discipline, resulting in sound and safe markets. We expect the Committee of SADC Stock Exchanges to work creatively, proactively and effectively in assessing and addressing risk to the securities markets, the public and other market participants.