In particular, governance and accounting systems must be built very carefully for each "pooling" arrangement, ensuring that costs and benefits are adequately measured and shared, and that users can get sufficient control of how the pooled services are produced and developed. This is, of course, necessary for the kind of trust required for the delegation of tasks.
Bank of Italy – CEPR – EIEF Conference  Firm Dynamics and Economic Growth Opening remarks by Salvatore Rossi Senior Deputy Governor of the Bank of Italy and President of the Institute for the Supervision of Insurance (IVASS)  Rome, 19-20 December 2018  I am delighted to welcome you all to the Bank of Italy, and to open this workshop, which was jointly organized with the CEPR and the Einaudi Institute of Economics and Finance.