Such an asymmetry is said to have the potential to feed "moral hazard" in that investors would spend less effort evaluating underlying values as they were lulled by the protection they expected to be provided by monetary policy action.
Supervisors will also need to step up their cooperation. In line with the recommendations by the Financial Stability Forum, so-called colleges of supervisors have been established for several major cross-border financial groups. These colleges include all relevant supervisors and promote cooperation on ongoing supervisory issues. DNB is currently chairing global supervisory colleges for Aegon and ING.