It is better to maintain a clear functional separation between supervision and resolution and avoid potential conflicts of interest. Third, the State Aid framework is important in defining common parameters for national public support within the context of bank resolution across the Union. But its application should not unduly delay or supersede resolution measures, by which financial stability could be at risk.
We have to bear in mind that once the SRM is fully operational, resolution decision will be taken at Union level, thus preserving a level playing field and respecting the single market. Let us also keep in mind that we operate in principle with the funds from the private sector.