*  *  *  I wish to thank A. Saint-Guilhem and O. Vergote for their contributions to this speech, and Frank Smets and Oreste Tristiani for their comments. I remain solely responsible for the opinions contained herein. Ladies and Gentlemen, It is a great pleasure for me to speak here today at the Oesterreichische Nationalbank.
There has been a push from the FSF, the IMF and the G20 to improve countries' resilience to crises by promoting adherence to standards and codes and there has been much discussion of ways to secure a greater role for the private sector in crisis prevention and resolution.