These risks that can spread from the financial system to monetary union were certainly underestimated before the crisis. 3  Banking union – an appropriate response? The question, therefore, is: how can such risks be more effectively limited in future? Essentially, there are two approaches to solving this question.
Today marks the 23rd Graduation and Awards ceremony for Associate Diploma II graduates. I am advised that since  inception, the Institute has awarded 842 Certificates and 535 Associate Diplomas. This evening, there will be awards of 18 Associate Banking Diplomas and, in total 30 outstanding individuals recognised.