Nout Wellink: The future of supervision Speech by Dr Nout Wellink, President of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision, at the FSI High Level Seminar, Cape Town, 29 January 2009. *  *  *  I would like to share with you my views on the future of supervision.
The latest economic indicators and survey results covering the period since the coronavirus spread to the euro area have shown an unprecedented decline, pointing to a significant contraction in euro area economic activity and to rapidly deteriorating labour markets.