Vital information can be exchanged quickly within the same institution, which makes it easier to take appropriate actions if necessary. Furthermore, the three disciplines benefit from each others’ expertise, which makes it easier to deal with complex problems.
For example, macroeconomic analyses for the preparation of monetary policy may also be valuable for supervision, if banks have a large exposure on sectors in the economy with a weak performance. In addition, as financial market participants, central banks automatically obtain information about market sentiment and specific financial institutions, which is useful for their supervision task.