François Villeroy de Galhau: Financial supervision and the role of national authorities in Europe
By Bank for International Settlements (BIS)
Speech by Bank of France Governor at inauguration of new ACPR headquarters, addressing European Banking Union progress four years after SSM launch. Two priorities outlined: (1) strengthening SRM (Single Resolution Mechanism) as second pillar including common backstop and liquidity provision, and (2) improving SSM operational methods through process simplification, staff mobility, and synergies…
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