There are some positive features to

There are some positive features to the NR affair. Firstly, it demonstrated the importance of both banks and their supervisors considering the risk characteristics of business models and undertaking robust stress-tests. Some business models are clearly more vulnerable than others and most especially to some LPHI risks. Secondly, reform of the DPS was needed because of its internal inconsistencies, and the NR affair performed the useful role of bring this to the fore and to the public’s consciousness. Thirdly, it has emphasised the importance of effective governance arrangements within financial firms.
Furthermore, the episode has brought two other central issues to the attention of the public: the role of government and the possible underwriting of risks by the tax-payer, and the general question of moral hazard.

Results (English) 1:

There are some positive features to the NR affair. Firstly, it demonstrated the importance of both banks and their supervisors considering the risk characteristics of business models and undertaking robust stress-tests. Some business models are clearly more vulnerable than others and most especially to some LPHI risks. Secondly, the reform of the DPS was needed because of its internal inconsistencies, and the NR affair performed the useful role of bring this to the fore and to the public's consciousness. Thirdly, it has emphasised the importance of effective governance arrangements within the financial firms.Furthermore, the episode has brought two other central issues to the attention of the public: the role of government and the possible underwriting of risks by the tax-payer, and the general question of moral hazard.

Results (English) 2:

There are some positive features to the NR affair. Firstly, it demonstrated the importance of both banks and their supervisors considering the risk characteristics of business models and undertaking robust stress-tests. Clearly some business models are more vulnerable than others and most especially to some LPHI risks. Secondly, reform of the DPS was needed because of its internal inconsistencies, and the NR affair performed the useful role of bring this to the fore and to the public's consciousness. Thirdly, it has emphasised the importance of effective governance arrangements within financial firms,
furthermore, the episode has brought two of the central issues to the attention of the public: the role of government and the possible underwriting of risks by the tax-payer, and the general question of moral hazard.