Therefore, we feel that the worst episode of the crisis is now behind us, which should in turn support Turkey’s economic prospects. However, it remains to be seen whether recent improvements in leading indicators will translate into a long lasting and durable recovery, since part of the rebound reflects the impact of the fiscal stimulus packages. The situation is similar across the globe: recovery has started in the global economy, yet the extraordinary policy measures taken since the last quarter of 2008 makes it harder to interpret the underlying trends. Given the elevated levels of unemployment and ongoing de-leveraging process, the recovery is likely to be gradual. Distinguished Guests, Let me close my speech by turning to the main theme of this session. Overall, I am encouraged to recognize initial signs of recovery but also I am anxious that the green shoots that have sprouted may still expose to a spring frost. “Green shoots” may not be vigorous enough and important downside risks still remain. However, unlike a couple of quarters ago, we should also acknowledge that we can now at least talk about upside risks – that is, “blossoming shoots”. Thank you. 4  BIS Review 123/2009
We have observed that criminals often get victims to click such links or download such malicious apps by putting fake advertisements for products or services such as food delivery or maid services. Recently, we have also seen fake ads for pet grooming services. On our part, the authorities and financial industry will continue to create awareness and educate the public about financial scams, including on the latest modus operandi or tactics used by the scammers. The public is advised to frequently check the Amaran Scam Facebook page by Bank Negara Malaysia, as well as Cyber Crime Alert and Semak Mule by PDRM for the latest updates. Recognising the need to intensify the awareness on financial scams, I would like to congratulate the banking industry for coming together to undertake the national scam awareness campaign. Throughout this campaign, the public can expect to see more prominent scam awareness advertisements, messages and prompts on banks' own channels as well as mainstream and social media. I understand there will also be community outreach programmes to educate the public. As digital finance becomes increasingly pervasive, and as new threats emerge, the effort to educate the public must be sustained well into the future. We cannot rest on our laurels. I would like to reiterate that the fight against financial scams is one fought on multiple fronts. We are only stronger if we work together and play our part in order to safeguard the security and integrity of our country's financial system. 2/2  BIS - Central bankers' speeches