As systemic risk is a complex area, the issue requires a multi-faceted approach. This includes the question of how exactly to deal with institutions that are “too big to fail” or the improvement of corporate governance, eg via the implementation of the FSB’s international compensation standards.
Further topics discussed with regard to increasing the transparency of financial market operations are the mandatory registration of institutions that currently operate in the shadow banking system as well as the standardisation of contracts and handling of derivatives. Regulation of the core area of the crisis will keep this year’s agenda busy. 2  BIS central bankers’ speeches  4.