2  The Bank’s view of recent economic and financial developments, determined by the Policy Board at the Monetary Policy Meeting held on March 19 and 20 as the basis for monetary policy decisions. BIS Review 21/2002  1  of distribution channels will restrain prices.
We want to emphasize that strengthening financial service operations with risk management in the financial sector is a shared responsibility. 16. We as regulators are encouraging banks and other financial institutions put in place measures that will ensure a sound and safe banking sector where risks are commensurate with the rewards.