Members of the Board of Directors of AMCON have also been cleared by the Senate while the Board itself has been inaugurated and held its first meeting to chart the way forward towards the attainment of its mandate.
What I would like to assure you is that the ECB and its national partners are fully committed to keep up with these challenges. And also banks and their management are fully aware of the homework laid upon them. Therefore, instead of talking to you about financial regulations, I would like to use this opportunity to comment on more fundamental issues.