This period of rapid innovation has brought with it enormous opportunities to enhance living standards for a large majority of Americans. Our ability to take full advantage of these opportunities depends crucially on how well we as a nation can integrate these new technologies into our society.
I am convinced that the SSM staff at the national supervisory authorities and at the ECB will continue their excellent work, as they have been doing in 2015, and that we should be even further down the road of becoming a truly European supervisor – one which can contribute, to the greatest degree possible, to a safe and sound banking system in the euro area and one which ensures a level playing field.