The Bank furthermore welcomes periodic exchange of information between the Bank and the Supervisory Board of LAAD (for example on the strategy, risk assessments performed, Statement of compliance etc.) as this will assist the Bank further in its supervisory task. To keep up with worldwide Corporate Governance developments, the Bank is continuously enhancing its risk-based supervision framework.
Its existence allows the efficient allocation of capital between different activities and across time, and promotes the efficient spreading of risk within society. Today, it is hard to think of any form of economic activity that is not in some way dependent on its existence. Therefore, the stakes are high in the current debate on financial sector regulation.