One the other hand, in the past few years, many financial institutions are offering cross-sector and cross-market products; financial share-  BIS Review 147/2010  1  holding companies have established complex internal structures and moved into diversified businesses; new-type of financial institutions are heavily involved in the financial market activities.
The complementing viewpoints of the two pillars have served us well as a comprehensive framework for analysis in the past two years. The strategy has provided the basis for a thorough and timely explanation of monetary policy decisions to the general public.