Second, although German banks compete to each other, they differ significantly in size and risk management. In order to allow them appropriate flexibility in implementing Basel II we are going to implement the full set of credit risk and operational risk approaches that is available in Basel II. We do not require the big banks to use either the foundation or the advanced IRB-Approach.
It is up to the banks to make their choice. Of course, we think that for those banks the advanced IRB approach would be adequate without having any legal instruments to require certain types of approaches.