Concrete efforts have also been made to reinforce the supervisory framework, with greater emphasis placed on monitoring and assessing macro-prudential risks. The powers and tools of micro-prudential supervisors have also been enhanced. Other important regulatory initiatives, notably work on systemically important financial institutions, shadow banking, crisis management and resolution frameworks, are under way.
I understand that an application to join YPO must be approved before the applicant reaches his or her 45th birthday… Your youth, your energy, your skills, your competence, and the level of resources at your disposal make you a force to be reckoned with…and a significant catalyst for change. What’s so special about the 40 to 45-year old mark?