The new European supervisory structure should follow this trend and therewith reduce the risk for supervisory underlap and overlap. Turning to global perspective So far I have discussed the challenges and trade-offs involved in transforming the supervisory structure in Europe. While necessary, this is not a sufficient step and more needs to be done.
This successful collaborative strategy has given the banking system sustained growth momentum. Indeed, we have made great strides in various aspects of our operations. Ours is a narrative of proactive management and reform to advance our vision for the country. Moving Forward With all that we have achieved so far, are we then set for the future? Well, no environment is ever static.