At the Bangkok Economic Festival, Reinventing Bretton Woods Committee, Bangkok, Thailand Thank you for the invitation to join you today. It is good to be with you to discuss ensuring that the global financial system is positioned to adapt to the changing economic environment. 1 The pace of change has been brisk. Our financial system is evolving rapidly. Therefore, it is important that we periodically review our regulatory and supervisory frameworks to consider how to best keep pace with that evolution. Today, I will discuss three related aspects of supervisory modernization.
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