At the same, though, official interest rates in the euro area, Japan, Sweden and Switzerland are still negative, more than a decade after the onset of the financial crisis. In China, growth has slowed a little. The authorities have responded to this, although they also face the challenge of addressing risks in the financial system. There are a few uncertainties that are worth highlighting.
In other words, we think that institutions could now continue development of the corporate governance surrounding each institution's efforts in Basel II implementation and focus on their individual implementation processes. In addition, supervisors have begun to discuss individual QIS4 results with each participant; these discussions include specific feedback about the institution's results and some general peer comparisons.