Supervisory reform Let me turn to briefly touch on the progress with the supervisory reform. If there is one uncontested lesson from the crisis it is the need to further develop the capacity of the authorities to conduct macroprudential supervision.
Certainly, the components that address broad challenges, coupled with moretargeted training, will address the unique information and technical assistance needs of minority-owned banks. To ensure broad access to the program, all aspects of the training program will be available through a variety of distribution channels: classroom-style workshops, self-paced PC-based programs, and a web-based resource and information center.