To illustrate how much regulation has evolved, I would like to quote former Governor of Danmarks Nationalbank Richard Mikkelsen, who in Dansk Pengehistorie (Monetary history of Denmark) wrote as follows about Denmark's implementation of Basel I: "Actually, the Act and the resultant executive orders, etc. became so complex that it defied ordinary human perception.
I’d also like to thank journalists who tirelessly helped the NBU become more transparent and easier to understand. I’m infinitely grateful to the whole NBU team for providing support. All of the NBU’s achievements are our joint achievements. I thank all Ukrainians who trust in the professional ability of the NBU. Confidence in a central bank is the best recognition of its achievements.