But the degree to which the authorities will be able to push for more competition in banking will depend crucially on the regulatory framework. Let us fix and strengthen that framework, while bearing in mind that a simple mandate to maximize competitive pressure in banking is no more possible, or desirable, than one that would aim at eliminating instability completely.
我们需要积极的竞争政策。但当局能够在多大程度上推进银行业的竞争，关键取决于监管框架。我们必须修复并强化监管框架，与此同时也要牢记，简单地要求银行业竞争压力最大化已不再可行，也不再可取，试图完全消除不稳定性亦然。