Just a few weeks ago, the Belgian authorities, too, decided to introduce this “twin peaks model” here as quickly and smoothly as possible. Needless to say, I am well aware that the macrodimension does not stop at our country’s frontiers, while the micro-supervision of cross-border groups also requires close multinational coordination.
Buch, Claudia M., and Oliver Holtemöller (2014), Do We Need New Modelling Approaches in Macroeconomics?, IWH Discussion Papers 8/2014. 6/7  BIS central bankers' speeches  Buch, Claudia M., Matthieau Bussiere, and Linda Goldberg (2017). Prudential policies crossing borders: Evidence from the International Banking Research Network. Vox EU. voxeu.org/article/prudential-policies-crossing-borders Financial Stability Board (2016).