Apart from this, as mentioned in an address yesterday, the time has come to take a hard look at the access of banks to call money. The call money window should be used to iron out temporary mismatches in liquidity and not on a sustained basis as a source of funding their normal requirements.
Here, we need to arrive at a common understanding on how the adoption of DLT could potentially affect the overseen and supervised entities and their business models, and on how reporting and accounting could be affected.