Banks ranging in size from $ million to $ billion have also roughly doubled in number over these past 20 years (figure 3). And the number of banks in the size range from $ million to $ million in assets has declined by only a very modest percentage since 1995 (figure 4).
I believe, however, that the BSC, in which central bankers and regulators are already represented, is a suitable platform for multilateral crisis management. Proximity to the ECB is proving to be an advantage, since the ECB can provide the required infrastructure.