The rates of those with tertiary-level education aged 25-64 is 45 percent in Israel compared to 25 percent in the OECD countries (as of 2004); the rate of those employed in  academic and technological professions stands at 30 percent in Israel (in 2005) compared to 28 percent in the EU countries. Can we therefore sit back and relax knowing this?
Improvements have been introduced in many areas such as bank capital and liquidity, OTC market infrastructure, and compensation policies in finance; importantly, new macro-prudential authorities have been established in many countries. But the regulatory overhaul has not yet been completed. Several issues are still being actively discussed, such as the role of rating agencies and accounting standards.