Federal Reserve Vice Chair Bowman said on the 13th that the Financial Stability Board should not impose one-size-fits-all rules that are unsuitable for diverse countries, and called for flexible supervision tailored to the circumstances of each country and region. In a speech in London, Bowman emphasized that she is advancing a shift in supervisory policy, including lowering the level of capital that banks should hold against future losses and limiting the scope of supervision, and that modernization of the system is always necessary. As regulatory reviews progress in the United States, the Bank of England has proposed easing some capital requirements, and the Basel Committee on Banking Supervision has also agreed to review some capital rules. Bowman said her approach, which emphasizes transparency and accountability, could also benefit international supervisory authorities, and that the supervisory framework should take new risks into account and promote responsible innovation.