The new € banknote will include enhanced security features and has been made more durable. It will be unveiled in full on 10 January 2013.
The crisis may, therefore, have reversed the pre-crisis tendency to separate microprudential supervision and central bank regulation. A clear example of this, close to home, is of course the ECB’s preparations for taking on new banking supervision tasks as part of the Single Supervisory Mechanism. BIS central bankers’ speeches  3  The third lesson.