In my mind, it makes good sense for the EBA and ECB to address these matters. Supervisory and administrative boards are extremely important bodies. It is therefore essential that their members ask the right questions. To do this, they need to be uninfluenced by other interests. And their professional skills need to be tip-top.
Academic studies of the German banking and savings bank sector have confirmed how important the skillsets of an institution’s supervisory board members are in achieving success.4 2/5  BIS central bankers' speeches  For some commentators, however, the current proposals are a step too far. The relevant associations and politicians have voiced their criticism.