-- Force banks to measure credit risk more accurately
-- Allow big banks to use their own internal risk-management systems
-- Take into account perils such as computer failure and fraud
-- Require banks to disclose more info about risksBUT CRITICS COMPLAIN THEY WOULD ALSO...
-- Give big, sophisticated banks an advantage over smaller rivals
-- Make lending to small companies more expensive
-- Exaggerate the business cycle, making booms more robust but recessions deeper
Data: Bank for International Settlements, Risk Management Assn., Center for the Study of Financial Innovation