This role is particularly important at a time when banking and the financial sector in general are experiencing an unprecedented merger movement that is radically restructuring these industries. Before discussing newer analyses that we might be called upon to perform, let me emphasize that I think that we must continue to be extremely vigilant to protect local market competition.
This is all the more true because, as the research has shown, a larger portion of cross-border investment in the modern era appears to be in sectors in which financial performance and the valuation of assets are harder to gauge. In those circumstances any hint of governmental support is certainly to be avoided.