** Index of commodity prices (USD terms), 1 January 2019 = 100. *** Australian sovereign yield less yields of the United States, Japan and Germany, weighted by GDP.
Important elements of this Roadmap are the introduction of a European dimension into the mandates of national supervisors and the improvement of the functioning of EU colleges of supervisors. Realistically, to promote more effective and efficient banking supervision in Europe in the near term, we should continue to build on the existing institutional structure.