BIS Review 95/2008  1  I’m going to conclude that the framework does work relatively well, and is the best approach we and many others have yet found, among a limited number of viable alternatives. Of course, we continue to seek improvements to it.
Such an approach would recognize the potential tension between the complexity and cost of the next version of the international capital standards and the more limited needs of smaller, more traditional banks. Implementing a second, more streamlined capital adequacy standard for qualifying domestic institutions would seem to have merit.