16 The fact that it is possible and indeed relatively common for the API provider--the platform--to require specific controls and protections over the use of that API raises complicated issues when imported to the banking world.
Therefore, it is necessary for the supervisory framework as well as for the arrangements for financial stability in the EU to be able to cope effectively with the management of a possible crisis of crossborder banking groups. These issues are a central main topic of discussion at the moment in the policy-making circles in the EU and, indeed, globally.