It is particularly important that we have a better idea of how many checks are being written in order for the banking industry and the public to understand better and plan for the evolution of the payment system. The technical work of “cleaning the numbers” collected in the surveys is continuing, and we hope to publish data from the survey later in the year.
BIS Review 75/2001  3  Conclusion In conclusion, I would like to emphasize that our financial system is continuing to evolve, as it must in a dynamic and competitive market economy. Financial consolidation at the national level has occurred relatively quickly, although much less so at the level of individual banking markets.