That is, while it is sensible to limit mandatory measures for classes of firms where most banks in that class are unlikely to present a particular kind of risk, it would be very ill-advised to preclude supervisors from requiring such measures of firms where that risk may become more of a concern.
New computing and telecommunication technologies, along with the removal of legal and regulatory barriers to entry, have resulted in greater competition among a wider variety of institutions, in broader geographic areas, and across an expanding array of instruments.