This is contrary to the current system, whereby each NCB Governor votes with the interests of the entire euro area at heart, rather than on basis of national interests. •  A system of weighted voting which, by the way, is also used in the Bretton Woods institutions, is contrary to the "one member, one vote" principle of the EU Treaty.
Elevating corporate governance should not be confined to banks, but commercial concerns must also do the same. We all know the pace of globalization has accelerated, resulting in increased domestic and global economic integration. Today we cannot just shrug off failures within a particular sector or sometimes even a single entity if it has global linkages.