Stabilising the capital requirements is a reasonable objective asked for by banks, but we need to finalise the Basel III package first. From micro to macro Ladies and gentlemen, so far I have focused on the microprudential side. Is there a macroprudential side here, too?
The second issue relates to the importance of banking operations carried out by central banks. I have spoken today mainly about monetary policy, but a central bank's various banking operations also make an essential contribution to the development of the economy.