Taking advantage of speaking before such a distinguished audience, I call on banks to live up to their responsibility in this regard. Key challenges to be addressed Let me now shortly focus on some key challenges that need to be addressed in order to prevent that such a crisis occurs again in the future.
At the current juncture, priority has been given to comprehensively formulate policy responses to address the challenges raised by the financial market turbulence and to effectively and timely implement the agreed measures.