The bad experience of our bankers sheds light on the fact that however meticulous they may have been, banking remains a risky business. The Bank has lately been considering a system of information-sharing on cross-border loans although we do recognize the difficulty of accessing information on foreign clients. A good reputation requires conscientious regulatory compliance.
The rapidly evolving financial landscape is keeping the regulator on its toes to ensure that we are up to the mark  2  BIS central bankers’ speeches  when it comes to international best practice.