Opportunistic behaviour must not be allowed to make finance an object of distrust. The role played by a robust and rigorous system of internal controls in banks is essential to avoid excessive risk-taking, especially when a bank operates in highly complex and innovative business segments. BIS central bankers’ speeches  3  In the case of improper conduct, the truth must be sought unstintingly.
Reports and suppositions must be checked scrupulously; if they are not properly verified, hypotheses and opinions which may be unfounded and rash can cause severe harm to savers, institutions and society as a whole. Saving is protected by the Constitution, Italian law and European legislation. We are well aware of this and act with all our powers in support of that protection.