And the fact that community banks are subject at all to some of the Dodd-Frank Act rules seems unnecessary to protect safety and soundness, and quite burdensome on the very limited compliance capabilities of these small banks. Beyond the thresholds issue, though, are there statutory provisions or regulations whose substance could be adjusted to better match economic or compliance costs with financial stability benefits?
1/2  BIS central bankers' speeches  To give you a flavour of what our archival collections contain: 12,000+ paper files dating from the foundation of the currency commission in 1927; and the Bank from its inception in 1943. 4,000+ photographic prints.