We are requiring large firms to provide supervisors with more detailed and timely information on risk positions, operating performance, and other key indicators, and we are strengthening consolidated supervision to better capture the firmwide risks faced by complex organizations.
Harmonisation agenda, CSD Regulation and capital markets union Let me now turn to the other initiatives surrounding T2S, namely the harmonisation agenda, the CSD Regulation and the capital markets union project. In addition to the concrete benefits brought about by T2S, a push has been given to the European post-trade industry to harmonise market practice, rules and standards.