I believe that Shanghai will be able to build on schedule an international financial center in compatible with the economic strength of China and the international status of RMB and based on RMB-denominated financial assets, and play a key role in promoting China’s financial reform and opening up, economic transformation and upgrading, and high-quality development. 3/4  BIS central bankers' speeches  Thank you!
And we analyzed them in a way that, in my opinion, best characterizes the risk and performance of the entities:  BIS Review 107/2009  3  •  We evaluated trading assets on a fair value basis;  •  We evaluated loan assets on the basis of expected credit loss through an adverse cycle;  •  We evaluated assets based on the way they were managed rather than the way they were acquired; and  •  We included assets held both on- and off-balance sheet.