The enhancements we have proposed for the Pillar 2 supervisory review process should help strengthen the basics of risk management and supervision. Among other things, the supplemental guidance covers some basic governance issues that were found lacking during the crisis. The need for firm-wide governance and risk management is one example.
1/4  rules applicable to financial institutions, especially those operating on a cross-border basis. It also involves the pursuit of synergies among the several EU public policies applicable to the financial sector, notably financial services, consumer and competition policies.