- ECB will be a robust and effective bank supervisor
- first challenge is to restore confidence in banks
- ECB needs to recruit 800 supervisors and they will need to act in the best interests of the union
- SSM is European institution taking European decisions
- if banks fail they must do so in an orderly fashion
So why should any one tremble !
ECB’s Danièle Nouy , Chair of the Supervisory Board of the Single Supervisory Mechanism speaking in Amsterdam
