Balance between innovation & growth and security  Talking about balancing between innovation & growth and security, in the world of digitization, it is a challenge to find the right balance between innovation & growth and security which lie in our responsibilities. First of all, we have to understand the creation of the matters as well as their main drivers. Innovation and growth result from consumer’s and business’s demands for variety, speed and lower cost that come with competitions to develop such technology facilitating financial transactions and creating sophisticated banking products. Seeing that, their main drivers are users’ demand for financial facilities and technology together with a need for proper uses of banking products and services, leading to security concerns, which have occurred in parallel with the innovation and growth. Security of IT system uses are prioritized as one of the most considerable issues, due to its importance and interconnectedness, to accomplish our own goal of financial system stability that is at the heart of effective supervision. So, it is our responsibility to prevent such fragility before it is too late. 2. Regulatory schemes, bank business models and IT platform  In the world of highly competitive markets, in particular the banking sector, players have continuously tried to create new banking products to serve the needs of consumers and to move forward to penetrate market shares. As a result, sophisticated banking products along with adaptive bank business models have emerged. Unfortunately, once regulators respond to the changes steps after, financial crisis comes.
Since 2011 and the end of the "too-big-to-fail" doctrine, these groups have become increasingly aware of this, and have drawn up their recovery plans and worked closely with the authorities to ready themselves for crisis situations. The role played by the authorities in these continued efforts is crucial. Accordingly, the ACPR in France, and the ECB and the SRB at Banking Union level, guide and support these efforts, while also preparing for failure scenarios. 4  To this end, as of 2015, the ACPR has provided a decisive boost that has led to the drafting of the first resolution plans by France's leading institutions. Today, all institutions under the authority of the Single Resolution Board have a resolution plan in place. As for the institutions under the direct responsibility of the ACPR, a first wave of plans has been completed and plans will be finalised for all the 142 institutions concerned at the end of 2018. These combined efforts to pre-empt and to manage crisis situations must therefore be maintained in order to ensure the continuity of banking operations that are essential to the functioning of the economy, to avoid harming financial stability, to protect the resources of the Member States and to strengthen protection for depositors and investors. 5