While there is political agreement about the SRF backstop and its terms of reference, there is not yet agreement on the European deposit insurance scheme. Second, it is imperative to accelerate progress on the capital markets union. This is ambitious.
It was further agreed that, as of the same date, the Netherlands Court of Audit would gain access to that part of the Bank engaged in national tasks. As part of the reform of financial sector supervision, it was decided that the Bank, as a supervisory authority, should cooperate more closely with the Pensions and Insurance Supervisory Authority (PVK).