Thank you for your attention. I now pass the floor to Vice Governor Diana Dragutinović.
BIS Review 29/2008  1  Understanding the linkage between risk concentrations and capital is especially important, since the concentration of risk of a given portfolio markedly affects the amount of capital that should be held against it. Heavy concentrations can produce so-called fat tails in a loss distribution, meaning that considerably higher capital levels are required to support the risk taken.