BIS's Knight on financial stability

In the speech 'Marrying the micro- and macroprudential dimensions of financial stability: six years on' given on 5 October Malcolm Knight of the BIS said much has been done in recent years to strengthen the macroprudential orientation of prudential frameworks.

"Progress has gone furthest with respect to the awareness of this dimension of the pursuit of financial stability, it has been substantial with respect to the assessment of vulnerabilities and somewhat less advanced with respect to the

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