Mario Draghi: Opening statement to the Economic and Monetary Affairs Committee of the European Parliament Opening statement by Mr Mario Draghi, Governor of the Bank of Italy and Chairman of the Financial Stability Board, and Candidate for President of the European Central Bank, to the Economic and Monetary Affairs Committee of the European Parliament, Brussels, 14 June 2011.
In the meantime, we believe that it is worthwhile for the agencies to consider further tailoring of the implementing rule as it applies to smaller firms and firms with small trading books, and to consider ways to streamline or reduce the paperwork and reporting burden associated with the rule.