I will show you only one figure depicting 2016 in six charts and refrain from any further comments about last year, as the Bank of England’s Chris Salmon will provide a thorough overview of financial market developments in 2016 later this evening. 2  Figure 1.
BIS central bankers’ speeches  3  Whatever decisions are taken in the coming months, no one should be tempted to declare “mission accomplished.” In order to maintain systemic resilience, the monitoring, supervision and regulation of shadow banking will need to be dynamic.2 The recent loss incurred by UBS on its Delta One trading desk demonstrates the need for vigilant risk management of complex new products.