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7. Can macroprudential policy decision-making be made transparent?
The NBS seeks to ensure that implementation of macroprudential policy is as transparent as possible. Financial market participants feel the application of instruments immediately, whilst positive impacts in the form of systemic risk mitigation are difficult to measure or visualise. Therefore, the NBS considers it of key importance that both the professional and lay public have a proper understanding of the implementation of macroprudential policy. The methodology for individual macroprudential policy instruments can be found in the section Financial stability instruments, including individual decisions.