A high degree of unity on the part of management and the greatest possible reserve in external communication are of the essence. There is no time to lose. The quality of corporate governance is crucial to the success of integration. Choices must be guided by clear objectives and a rational division of responsibilities. The Bank of Italy is active, attentive.
We shall continue to examine the solutions adopted and the way corporate bodies operate, ensuring their proper functioning for purposes of sound and prudent management and intervening whenever necessary. Specific rules on the governance of banks will be issued. It is essential that the new groups organize their system of internal controls as a matter of urgency.