This may require also a common terminology as regards for instance the types of reorganisation measures to be used for financial institutions. 2  BIS Review 33/2010  Second, as regards bank resolution, a priority is to pursue an enhanced and more coherent framework for the action of supervisory and resolution authorities.
Of course, I know that this seems too “discretionary” to some people; it smacks too much of “muddling through” to them, and seems to require too much confidence in persons and too little in rules.