Looking ahead, this needs to be addressed more from a business perspective and hence information has to belong to business domain. Is it not time that Information and Technology be seen as distinct disciplines thus necessitating the need to handle them accordingly; ensuring that Information shall be part of business domain? 39.
In other words, we must ensure to safeguard integrity of microprudential tools and that we do not limit supervisors’ ability to tackle risks. Third, any proposal would need to be accompanied by proper governance arrangements within the ECB, respecting the separation principle between monetary policy and banking supervision and ensuring an adequate distribution of powers between the national and EU levels.