However, we will seize these opportunities only to the extent that they do not create conflicts of interest, reputational risks or risks to the independence of the monetary policy authority, a point I’ll consider next.10 How to design monetary policy and banking supervision under one roof At least three types of challenges and risks need to be managed when integrating supervision in a central bank alongside monetary policy.
2  BIS central bankers’ speeches  For example, in Finland the market conditions in the metropolitan areas are diverging from the conditions prevailing in areas where the population is diminishing. The largest housing loans are concentrated in the biggest cities and growth centres (slide 30). In these centres, house prices are also highest (slides 31). Is there a need for public intervention?