Regulatory regimes are likely to be more effective in the long run for financial institutions and for domestic economic growth if they are market-compatible. Areas of Common Interests In our roles as central bankers, bank supervisors, and regulators, what are the areas of greatest common interest to us for which we should develop compatible rules and regulations?
Vulnerabilties in the financial system The overall assessment of this Report is that risks and vulnerabilities in the financial system may be seen to have increased since the Financial Stability Report 2005 was published about a year ago. At that time, the major systemic vulnerabilities identified for financial stability were those arising from strong credit growth and rising indebtedness levels.