If financial market participants have a good understanding of our reaction function, and share similar views on the economy, interest rates should adjust to levels  10  For example, see Goodhart (2009).
Where appropriate, this should be done on a “same business, same risk, same rules” basis. High-quality customer due diligence is, of course, essential. But it is relatively costly for crossborder transactions. So the FSB wants to improve confidence between financial institutions and between jurisdictions.