In this way, we hope to coordinate lenders and prevent the borrower from playing one off against the other.
Elke  BIS central bankers’ speeches  5  König, the head of Germany’s Federal Financial Supervisory Authority (BaFin), therefore offers the advice “You should invest at least as much time in making investment decisions as you do in purchasing a smartphone.” Investors must not only look at the possible returns but must also take due account of the risks involved.