The first decade of European supervision: taking stock and looking ahead

The first decade of European supervision: taking stock and looking ahead

Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB. Ten years ago today, when European supervisory teams started to come together for the first time, it was not at all certain that the SSM would be a success. European banks have notably improved, proving resilient to shocks that we couldn�t have imagined a decade ago.

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