I am confident that today’s and tomorrow’s distinguished lineup of speakers will shed light on a number of challenges that have yet to be tackled on the road toward full banking union. I very much look forward to two days of lively discussions with all of you, given the multitude of perspectives represented here. I hope you will find our conference useful and insightful.
In this context, the IMF’s recent proposal of a ‘financial stability exemption’ should be further explored. Recent experiences have put the harmonisation of EU banks’ liquidation regimes on the agenda of policymakers.