6  BIS Review 158/2008  The O&D business model of financial intermediation should not disappear but it should become more transparent. It should also be considered whether the originator should always keep a certain percentage of an offloaded credit package on the own balance sheet.
In order to increase the capital buffers that banks need to hold with regard to illiquid structured products and off-balance sheet activities, the capital adequacy provisions within the Basel II framework should be also enhanced in these areas. VI.