Efficient financial markets are crucially important for the economy: They provide banks, companies and households with a large range of financial services as well as funds quickly and securely. Transparency stabilizes market participants’ expectations, builds confidence and thereby enhances the stability of financial markets.
Safeguarding the financial stability is one of the central bank’s key tasks. The focus and common denominator of all financial stability monitoring is the ongoing analysis of the financial and banking markets, both by exercising banking supervision functions and through a series of other activities that contribute to financial stability directly or indirectly. In executing these monitoring activities, transparency is again of key importance.