Third, in order to ensure interactive linkage between monetary policy decision-making and the Bank’s business operations, the number of members BIS Review 82/1997  -9-  from the management of the Bank is increased from one to three. A balance is to be struck, however, by appointing six deliberative members so that the three members from the management will not constitute the majority.
Periodic scenario analyses across large firms will enhance our understanding of the potential impact of adverse changes in the operating environment on individual firms and on the system as a whole. This work will be performed by a multidisciplinary group composed of our economic and market researchers, supervisors, market operations specialists, and accounting and legal experts.