A number of initiatives and public statements were initiated to help pave the way. In March 2015, the Council issued its second observation on risks related to a prolonged period of low interest rates. The observation stressed, among other things, that the current combination of low interest rates and rising house prices could lead to excessive risk-taking and risk illusion.
In this sense, equity finance can yield a “double dividend”. [4] Taking into account these potential benefits of well-functioning, integrated capital markets, new proposals are being developed on how to further advance the project.