We feel that there are numerous regulations that require commonality in  20  BIS Review 9/2007  interpreting and understanding the substance they are trying to achieve. Some of the regulations, for which the content we shall adjust and/or clarify include: 1. 2. Regulation concerning guidelines to evaluate credit collectibility.
New, bigger political hurdles continue to emerge with policymakers stuck in the risk-reduction vs. risk-sharing debate, losing sight of the final objectives. Today, Banking Union means that supervisory and resolution decisions are mostly European, whilst the ultimate guarantor of financial stability remains national, with limited tools to act.