This included a requirement for ILP, which, as a non-NAMA bank, had not been included in the March exercise. 6  BIS central bankers’ speeches  Second: growing market awareness of the scale of ELA that had been provided to the banks, calling into question their future viability.
In terms of the challenges to which we are exposed to, I think that in small/medium open emerging economies like Mexico, we have traditional channels of contagion from external shocks, but now climate change is also increasing the number of risks. I will mention four dimensions: 1. carbon prices, 2. reallocation of capital flows, 3. financial distress, and 4. changing international trade advantages.