Another important strand of work to improve cross-border supervision relates to the further extension of the scope and depth of CEBS’s project on “operational networking” in order to establish a sufficiently integrated, practical framework for day-to-day supervisory cooperation and to identify and address possible obstacles in this respect.
Finally, the supervisory colleges for the major EU groups should be committed to playing a pioneering role in developing enhanced processes for cross-border supervision, for example by pursuing with particular intensity measures to foster the enhanced cross-border delegation of tasks and efforts to build up a common supervisory culture. Conclusions Let me conclude.