As a central banker I am inevitably preoccupied by risk, especially when it could potentially impact on a significant sector of the financial industry. However, the challenges that I have highlighted are very much the result of the industry’s recent success.
Referring to the blanket guarantee extended by the Government in certain countries he says:  2  India, Kazakhstan, Philippines & Taiwan. 3  “Financial Crisis: Deposit Insurance and Related Financial Safety Net Aspects” (2008) by Sebastian Schich, Principal Administrator, Financial Affairs Division, Directorate of Financial and Enterprise Affairs, OECD; hyperlink http://www.oecd.org/dataoecd/36/48/41894959.pdf.