In addition, we have asked banks for more frequent and detailed information on smaller business loans, and we have added questions to our own Senior Loan Officer Opinion Survey on Bank Lending Practices to assess changes in lending to small businesses, augmenting questions already in the survey.
In order to prevent the emergence of systemic risks in the shadow banking system it is therefore essential to ensure that measures are implemented consistently across sectors. And this may well include regulation. Furthermore, adequately capturing these risks presupposes that they are identified and measured. Shadow banking activities, however, are beyond the reach of bank reporting requirements.