Maintaining its current strength and improving its institutional set-up, where needed, should thus be a priority. Maintaining and strengthening the role of the ESRB gives rise to questions concerning its mandate and its role as well as the organizational structure and the institutional links with the ECB.
I am convinced that the SSM will soon establish itself among the leading global banking regulators with high demand for its best practices. Obviously, as with any new institution, getting up to full speed will take some time.