Thus, for example, simply deciding that an intermediary provides mostly commercial banking services or insurance products does not fully answer the question of what its capital requirements should be.
2  BIS central bankers’ speeches  What we are seeing is that different banks use different interpretations for similar loans. Apparently, there’s already room for a certain degree of subjectivity. I’m not too worried about this subjectivity. Preparing financial statements has always carried some measure of subjectivity and this will remain so.