Jean-Claude Trichet: “Economic and Monetary Union was decided on in the Maastricht Treaty (of which Trichet was one of the architects S.H.).
I would like to emphasise here that as prudential supervisors for the financial sector we highly value Good Governance, especially such aspects as checks and balances - mainly in risk management structures - quality of management and accountability. The second part of my speech is about how public overseers can help establish the rules of the game.