A prime example of these efforts is the adoption last year of the State and Federal Protocol, through which we all seek to achieve a relatively seamless supervisory process for banks operating across state lines. We are also working together on a variety of automation efforts, some of which I have referred to already.
Ensuring 2/4  BIS central bankers' speeches  that new euro area countries meet the economic and legal conditions for successful membership therefore remains indispensable and, critically, is in everyone’s interest.