To regain the trust of their customers, I believe that the banks should move to publishing a clear and quantified statement of their SVR interest rate policy. Since they do not seem to have such a policy, they will need to develop one.
Macro-prudential authorities should also assess exposures that exist between credit institutions and less regulated credit institutions. Second, under the current framework, macro-prudential instruments not included in the CRD IV and the CRR, such as loan-to-value and loan-to-income ratios, remain in the exclusive remit of national authorities.