I think it is fair to say that this model of a formalised close cooperation worked pretty well in the crisis. Still, there is a lingering debate in Germany on a more far-reaching reform of banking supervision. As you may be aware, this will probably also be a topic for the new coalition government that is about to be formed.
The Bundesbank stands ready to assume greater responsibilities in supervision. Therefore, the debate should be on how to design the supervisory framework for the future. I expect that the Bundesbank would be closely involved in any reform initiative right from the outset and that we would be given the opportunity to provide our own input in designing a revised supervisory structure in Germany.