In order to improve understanding of credit information system and expand its use, the PBC has decided to launch the National Credit Information Education Month, in a bid to generate synergy and magnify the results. Credit is not something that you are endowed with.
This is essential, as the SSM and the SRM will be highly intertwined and we should not launch the banking union half-heartedly. 4  Concluding remarks  In summary, effective resolution regimes which also work in cross-border crises are crucial for solving the still unresolved too-big-to-fail problem. This will require international cooperation and adherence to standards.