Of course, there are still many issues to be resolved – finding a proper financing model being probably the most important one from the point of view of banks. We should not overlook the fact that competition authorities have already provided some guidance in this context, although I am aware that it does not satisfy many banks.
At the top of the list of requirements, I would like to see financial intermediaries trying to enhance their transparency regarding credit and market risk exposures and also, if necessary, raising capital and adjusting business models.