BIS Review 13/1998  - 11 -  I have already noted how important it is to improve prudential supervision in these countries. This is not controversial, although putting it into practice will be difficult and time consuming.
We decided to hold a second meeting in September because we felt that with regard to the long lead-time, especially in those areas in which the preparatory work of our counterparties, i.e. the credit institutions, is affected by our decisions, we should move things forward faster.