I hope that measures like this will end some of the more egregious breakdowns of internal controls at mutual funds, such as the situations in which marketing departments overruled portfolio managers in allowing late trades of mutual funds.
At the same time, maintaining price stability remains central to our mandate, and price stability should be part of the societal consensus that is essential for the successful implementation of a forward-looking sustainable growth strategy. Thank you. 6  BIS central bankers’ speeches