In addition, there is also scope for more private and public sector cooperation on stress-testing and gathering data that are relevant for regulatory purposes concerning the proper evaluation of systemic risk.
BIS Review 11/2009  1  WSJ: Is there a sense that we could see political leaders make a coordinated statement about their goals – for instance, increasing transparency – and then leave it to each nation's discretion on how to implement the shared goal? Mr. Draghi: Yes. I think that is exactly the process.