Risk measurement for SMEs 12. In applying a uniform set of regulatory norms across sectors, it is possible that the nature of risk is not properly differentiated or there is a tendency for regulating the mean. It is necessary that the specific nature of certain sectors be kept in focus.
In this sense, the CB does not have independent control of the price level. 2  BIS central bankers’ speeches  Should the CB be required to never intervene in this sort of insolvency scenario? I’ve argued that a ban on these interventions will give the CB more independence in its control over the price level.