I therefore urge you to continue addressing topical issues and share your recommendations with policymakers. I do not wish to extend my remarks much further as I am acutely aware that social “ice breaking” and renewal of existing acquaintances is a critical component of gatherings such as this. I therefore wish the KIB Eldoret Chapter well in all its endeavours.
In accordance with the Strategy for Implementation of Basel III Standards in the Republic of Serbia, in December 2016 a set of regulations were adopted, in effect as of 30 June 2017. Among other things, Basel III standards introduce new capital buffers, which are some of the most important macroprudential policy tools.