– to create simpler structures which are transparent and easy to regulate (ii) developing a prudential framework for funding markets, in terms of permissible leverage by any participating entity and nature of collaterals; (iii) explicit commitment to increase competitiveness in the financial sector to remove the perverse situation of few large institutions influencing the market and (iv) massively scaling up the supervisory monitoring framework for such entities.
And it also requires taking into account that the burden of collecting data  BIS central bankers’ speeches  3  and preparing it for processing has ultimately to be borne by businesses, banks and households. The famous saying, “there is no free lunch”, holds for data collection too. But maybe, this aspect will already be addressed during this conference. 5.