Here, it is important for countries to live up to the so-called OHIO principle, keeping their own houses in order. Furthermore, continued international cooperation will be crucial. I would like to conclude my intervention here today with some more detailed comments regarding a specific area where cross-border harmonisation is vital, namely financial regulation.
New regulatory framework is essential for financial stability Slide 9: A new foundation of financial regulation Solid capital adequacy is an important component of the new post-crisis regulatory framework. This framework is still in the implementation phase, internationally and in Denmark. In my view, the regulatory framework, which in the EU is based on the single rulebook, rests on three pillars.