The Comptroller will endeavour to prevent, by all means within his control, the creation of a nominal capital by national banks, by the use of their circulation, or any other artificial means; and in his effort to do this, he confidently expects the co-operation of all well managed banks.”  Seventh advice “Pursue a straightforward, upright, legitimate banking business.
The Eurosystem is prepared to contribute as far as it can to the reactivation of the ABS markets. The eligibility criteria and risk control measures of the Eurosystem’s collateral framework are an important tool in this respect. Reactivating ABS markets would be, first of all, in the interest of banks as it would restore a major source of funding.