This includes on-site inspections, ongoing oversight and recommendations for action. By contrast, banking supervisors are to stick to their mandate of supervising financial institutions. Supervision of critical ICT third-party service providers therefore falls only indirectly, if that, within the scope of banking supervisors. Second, closer cooperation among authorities is needed.
2  BIS Review 63/2010  Special challenges of a commodity-based economy Canada’s natural resources are a tremendous gift. They have brought us enormous material benefits – higher incomes and greater economic security than in many other countries. Most other countries would gladly trade places with us, should we ever grow tired of our rich resource endowment.