We have to make the financial system in Europe more crisis-proof and improve financial market regulation. The creation of Europe-wide banking supervision in the context of a banking union – if done properly – could play a major part in this. In the end, what is crucial is that European monetary union remains a community of stability.
Yi Gang: Speech - Hong Kong FinTech Week 2022 Speech (virtual) by Mr Yi Gang, Governor of the People's Bank of China, at the Hong Kong FinTech Week 2022, Hong Kong, 31 October 2022. *** Thank you Eddie for your kind invitation. Distinguished guests, Ladies and Gentlemen: I am very happy to join you online at the Hong Kong FinTech Week 2022.