You look at it from a narrow consumer perspective. If a bank's IT systems fail for a period then the systemic importance clause kicks in, as the wider economy m

You look at it from a narrow consumer perspective. If a bank's IT systems fail for a period then the systemic importance clause kicks in, as the wider economy may be affected. Regulation already exists e.g. You can't fix interest rates, you have to be fair to consumers, etc. In today's modern world I want regulation on how some of these enterprises are managing the technology which underpins their operations.