That is why the Bank recognizes the need to be vigilant against deterioration in its assets. The Policy Board, the Bank’s decision-making body, constantly deliberates whether the various measures implemented to fulfil the Bank’s mission could jeopardize the Bank’s credibility because of the resulting changes in its balance sheet. B.
If, one day, cash is replaced by electronic means of payments, that decision should reflect the will of the people, not the force of lobby groups. 2/2  BIS central bankers' speeches