As far as the shift in perspective from an individual institution approach to a more system based approach to regulation and supervision is concerned, central banks are natural institutions to contribute to such an attempt.
Central banks by their role as liquidity providers to the banking system and in their functions in prudential supervision have rich data sets that are relevant to the issues raised above. These data sets provide potentially extremely valuable information that can be used and exploited for the development of new tools and methods that can support a system approach to banking regulation and supervision.