Our supervisors are at the center-stage of our rapidly evolving banking sector and banking regulation and, perhaps, the pace of change we are witnessing here is far greater than in more mature jurisdictions. In this respect, we are particularly keen on ensuring that our supervisors have the required skills to keep abreast with latest developments through a combination of local and overseas training sessions.
The debt relief measures described in the Eurogroup statement of 15 June 2017 need to be clarified and specified with a clear timetable to be considered credible by investors. It will be along the lines of the 1st package of short-run measures, i.e.