Questions were even raised during the crisis as to whether complying with this regulatory framework was always necessary or even possible in the first place. Insolvency law fleshes out the principle of liability.
This is because the overall role of the Bank in the financial system area is to promote its safety, soundness, and efficiency. Today’s edition contains a number of articles that focus on the promotion of financial system efficiency and stability. And it is the issue of financial system efficiency that I will talk about today.