*  *  *  Madam Chair, Honourable members of the Committee on Economic and Monetary Affairs, It is a pleasure for me to be back with your committee, shortly after the important vote of your assembly on the SSM regulation.
This vote has been preceded by intense interaction on the interinstitutional agreement on accountability and transparency, and I would like to thank President Schulz, your Committee and the negotiating team for the commitment to a successful establishment of the SSM. Our two institutions share a common interest in a swift and effective implementation of banking union.