My proposal aims at securing an opportunity for the Bank to thoroughly examine, after a certain period of time,  6  BIS central bankers’ speeches  whether the side effects of QQE are not outweighing the positive effects and review the easing measures in a flexible manner depending on economic and financial conditions at the time.
They can either try to defend their existing products and leave this business segment to non-bank providers, or they can become more open and innovative. If they go down the first road, they risk ending up in the unpleasant situation of, say, bookshops confronted with the rise of online competitors.