But an examination of individual market participants also reveals a varying degree of motivation and different target coordinates. The merging of existing IT architectures with the least possible friction represents another challenge. A high level of standardisation is required in this instance. Ideally, technical or administrative issues within the EU should not play any role in EUinvestment decisions.
Concluding remarks  4/5  BIS - Central bankers' speeches  As we strive to become a developed country by 2047, financial institutions will need extraordinary amounts of financial resources to support growth to realise our visions for a brighter tomorrow. Raising these resources would not be a constraint for financial intermediaries with robust governance frameworks as they can command a governance premium.