ecb speech, 2005-09-14
In particular, the Eurosystem agrees that the main policy objective in the area of financial supervision is two-fold: first, to enhance the competitiveness of EU financial markets and institutions and to facilitate the development of cross-border finance both in terms of institutions and in terms of products and services - the so-called financial integration angle; and second, to ensure the effectiveness of standards for oversight and supervision in a more integrated financial system - the so-called financial stability angle.
Sentiment: neutral
Topic: financial_stability