•  The main features of the SSM Risk Assessment System should be available and the list of significant banks entering into SSM direct supervision should be completed in the next few months. •  Provided that the SSM regulation is accepted and promulgated in time, the Supervisory Board of the SSM will be established in October 2013.
A choice had to be made and ultimately the time arrived when most 1  BIS Review 115/2000  European countries deemed it more advantageous to firm up the European "Single Market" than to maintain their national currencies.