Other aspects of the roadmap need to be implemented. These are challenges that cannot be taken on or addressed by any one regulatory agency, institution, or industry association alone. Our partnership must endure. 2/3  BIS central bankers' speeches  Congratulations everyone! Happy 120th Anniversary again to the Bureau of the Treasury! Thank you and good afternoon!
Even so, it has to be acknowledged that such a probability can never be reduced to zero. And this insight brings us to the concept of “resilience”. Only a truly resilient financial system will be able to fully absorb the shocks that could not be prevented beforehand.