And there is always a new episode with new challenges and open questions ahead. I think you will agree with me that the current macroprudential framework is not yet complete and effective to address all the different systemic risks within the financial system.
This raises the possibility that some of these institutions are becoming systemically important. Just as the 2008 financial crisis revealed the need to assess the systemic importance of institutions that play a central role in particular financial markets, we should be asking the same questions about institutions that are interconnected with various commodity markets.