That is why, in the recent past, some countries – such as the United Kingdom – have radically reorganised their supervision or are discussing changes, as in Austria, Ireland and Germany, for example.
Although there is no ready-made solution as to how responsibilities should be assigned in order to put in place an effective and efficient supervisory structure, there are nevertheless a few requirements that should be fulfilled. ·  The supervisory structure should be geared to the financial market structures.