Thought also needs to be given to the possibility of emphasizing the position of the coordinating authority in supervisory panels by giving it the role of lead supervisor, with greater powers on the group’s subsidiaries for purposes of preventing and managing crises.
However, the remaining differences between countries in deposit insurance, insolvency procedures and the rules on the transfer of assets between units of the same group could seriously complicate the management of a crisis. Eliminating or attenuating these differences must be placed on the legislative agenda at national and European level.