Overall, these measures have been very effective and helped set in train the synchronous expansion the global economy is currently experiencing. As the global economy emerges from the greatest slump since the end of the Second World War, the focus is on calibrating the degree of monetary accommodation that is still required.
As I said, I strongly believe in predictable, transparent public institutions. This example shows how new policies to achieve our Dutch carbon emission goals require transparent implementation, to avoid sudden shocks. Annual data requests, as part of our supervision, could give greater insight into the size and nature of the risk. This can form the basis for supervisors to engage in dialogue with institutions.