3 Pros and cons of international regulation I like to think of the BCBS as an example of the value of international cooperation. Thanks to its work, banking regulation has a fairly successful track record of international cooperation – and this brings me to my second point: the pros and cons for supervised entities, supervisors and the financial system as a whole.
As you saw in the proposal,  1/2  BIS - Central bankers' speeches  the agencies are working to develop a metrics-based approach to CRA evaluations for retail lending and community development financing to bring greater clarity and consistency to CRA examinations, while still ensuring that there is an opportunity to consider qualitative factors to encourage activities that are particularly impactful or responsive.