For more than three years now I have viewed banking from a different perspective, as a regulator whose primary concerns are the safety and soundness of the banking system and consumer protection. Three years may sound brief, but I think that the intensity of my tenure more than offsets its relatively short duration.
I believe that the SSM and the PRA should ensure information sharing and reciprocal 1/2  BIS central bankers' speeches  consultation while respecting independent supervisory decision making in each jurisdiction. Now I’m sure you are wondering what a split of responsibilities would mean for UK branches of German (and other SSM) banks. The truth is: we can’t really tell just yet.