Our aim is to reduce systemic risks globally by having standards for TBTF firms that set a common floor, and actions across countries that are sufficiently coordinated to avoid regulatory arbitrage. We will provide an interim report on  BIS Review 31/2010  3  these issues to the G20 Summit in June, and final recommendations to the November Summit.
Yves Mersch: The overhaul of the architecture of the euro area and the return of investor confidence Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the CFA Institute European Investment Conference “Beyond austerity – opportunities for European investors in the global market”, London, 15 November 2013.