Before a football club signs a new player, it first subjects him to a thorough medical – and that is more than just a quick once-over. Of course there are some physicians who carry out needless examinations, but a good medical practitioner is mindful of the proportionality of the treatment administered.
Proportionality is also the watchword in the asset quality review, though we should not forget that this is the first time such a comprehensive assessment has been conducted. BIS central bankers’ speeches  5  7. Stop the preferential treatment of government bonds  The banking union closes a vulnerable gap in monetary union by contributing to strengthening the financial system.