The issue is whether banks that are market makers should be allowed to trade CDS without an underlying subject to limits. If so, we need to determine how to compute such limits.   Centralized reporting: The opacity of OTC markets, especially those of derivatives, has also been cited as one of the contributors of the global turmoil.
With dedicated work we have achieved not only low and stable inflation, but have also anchored inflation expectations of the financial, corporate and household sectors within the target tolerance band for quite some time now. This is a proof of the confidence we have built up  since I came to the helm of the National Bank of Serbia.