Stronger market discipline, far more public information, greater self insurance by banks and a clear safety net for when it goes wrong – these are some of the themes of the Bank of England’s wish list for future financial regulation.

Its half-yearly financial stability report, released on Friday, lays out its thinking under five broad themes. Its reflections follow those of Lord Turner, chairman of the Financial Services Authority, in his review earlier this year and precede the Treasury’s own proposals, due out shortly.