17 The FEC (2008, p.16) report stated that “Continuity is an important part of this framework, providing the public with confidence in the framework’s commitment to low and stable inflation.
In November 2014, the European Central Bank assumed responsibility under the Single Supervisory Mechanism for supervising 8 banks in Slovenia accounting for more than two-thirds of the market share. The supervisory  2  BIS central bankers’ speeches  culture will change under the new regime. The ECB will also inspect the business models of banks.