Sabine Lautenschläger: Risks to banks - from inside and out Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the 14th AsiaPacific High-level meeting on Banking Supervision, Sydney, 13 February 2019. * * * Ladies and gentlemen, It is a pleasure to be here today!
2  BIS Review 86/2008  What are the benefits of SEPA? Let me very briefly quote a few studies about the benefits and the great potential of SEPA. According to the European Commission, the potential benefit from SEPA payments could be more than 100 bn.