Combining the practical supervision of institutions with the analysis of the stability of the financial system as a whole - "the marrying of microand macro-prudential analysis" – as the General Secretary of the "Bank for International Settlements", Andrew Crockett, once put it – brings benefits for supervision and monetary policy. Effective financial market supervision relies on its own direct access to the relevant information.
Especially when there is an impending crisis, the key factors are ·  how quickly crucial information is available to those parties who need it,  ·  how extensive that information is,  ·  that the information is interpreted correctly  ·  and that an appropriate set of instruents for countermeasures is available.