Taken together, these points suggest that the European regulatory system will suitably evolve in order to ensure that Brexit-induced corporate reorganisations do not compromise the ability of supervisors to hold firms to account in terms of regulatory expectations and maintain financial stability in an effective manner.
[Second,] our award-winning Cash Service Alliance was something new but was also quite effective and could be applied on a greater scale. It enables banks to draw from their own holdings and not be dependent completely on the BSP. Now, technology is just one component of our broad-based digital transformation.