Wellink on risk management & financial stability

In the speech 'Risk management & financial stability - Basel II & beyond' given on 27 February Nout Wellink of the Netherlands Bank said there is a great deal of uncertainty around the nature of risks in the markets, the adequacy of risk premia and what might trigger the next stress scenario.

"At the same time, I think there is a lot that banks and supervisors can do in practice to better prepare for the inevitable next downturn. By assessing how the business of banks has changed through the

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