Moreover, these small and medium-sized banks for the most part already hold capital well in excess of the supervisory minima under both the current and proposed capital regimes.
2  BIS Review 80/2007  rate options, and their actions helped restore liquidity to the markets and reduced the cost of hedging. The growth of hedge funds has also contributed to a broader dispersion of risks in the financial system, which thus far seems to have made the financial system somewhat less volatile.