FSF proposals require careful implementation

Central Banking staff
02 Jun 2008

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The Financial Stability Forum's (FSF) recommendations must be implemented in such a way that ensures financial systems becomes less prone to instability, Nout Wellink, the governor of the Netherlands Bank, comments.

The Netherlands was in a good position to implement the recommendations in a way that would achieve these aims, he says. "Our institutional set-up is helpful: the cooperation between the central bank and supervisors is already ensured because they are combined in one institution

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