However, the fund-raising conditions of firms with high credit risks, especially of small firms, are gradually becoming more severe as the stance of investors toward taking credit risks remains severe and the lending attitudes of private banks are becoming more cautious. Hence, the developments in the behavior of financial institutions and corporate financing continue to require closer monitoring. 2  BIS Review 23/2002
Publishing information on the individual voting behaviour would entail the risk that the votes of Governing Council members – and in particular of the Governors of National Central Banks – might be interpreted from a “national” perspective, irrespective of their genuine underlying rationale. This could jeopardise the credibility of our decisions and undermine the area-wide perspective that we unanimously internalise in our meetings.