We did have such a mandate in the past and it was judged that this compromised our authorisation and supervisory stance. There is good reason this has been removed from the Act that defines our role. Rather, we have a clear mandate to promote stability and protect consumers.
Conclusion Residential mortgages, insurance and Brexit have helped me to illustrate, in different but related 4/5  BIS central bankers' speeches  ways, the nature of the Central Bank’s work. Our mission – to safeguard stability and protect consumers – is a wide-ranging and critical one.