ABSTRACT

I am very pleased to address this Colloquium. The relationship between the BIS and SUERF goes far back in time and has been a very fruitful one. For many years now SUERF has promoted research in money and finance, topics that – not surprisingly – are close to our hearts at the BIS. Moreover SUERF, inspired by its pan-European charter, has adopted an international point of view in approaching these issues – one that is attentive to both the similarities and the differences in national experiences. This has made SUERF’s contribution particularly appealing to an organisation such as the BIS, because our mandate is to promote international cooperation and mutual understanding among national policymakers, especially within the central banking and supervisory communities.