If firms, conscious of methodological shortcomings, frequently modify how they compute their VaRs, changes over time may not be a good guide to changes in underlying risk exposures. This would also make it harder for counterparties to keep accurate track of how underlying risks are evolving.
There was also a decision for enhanced flexibility in the use of the EFSF, including intervention in the secondary markets, if warranted by exceptional financial market circumstances and risks to financial stability. The approach to private sector involvement in the euro area was also clarified.