insights to contribute and i would like to conclude by sharing some from slovenia. 1 / 2 bis - central bankers'speeches at banka slovenije, in cooperation with the imf, we have developed a tool for monitoring and predicting cyber risks in the banking sector. my colleagues, in collaboration with the esteemed slovenian institute of science, have also developed an ai tool for assessing money laundering and terrorism financing risks. for both tools, some basic information is available through the qr codes you have received. of course, if this happens to pique anyone's interest, do not hesitate to get in touch with my colleagues that will gladly provide you with more details. before we start to enjoy the dinner, let me take this opportunity to express my sincere appreciation to the organizational teams of banka slovenije and the ecb for their efforts in facilitating this meeting. when everything works seamlessly, it can mask the complexity and effort behind the scenes. thank you very much for your dedication. finally, for a few hours tonight, let us shift the focus from the digital realm to the richness of in person connection. let's enjoy each other's company and tonight's dinner at the ljubljana castle. thank you! 2 / 2 bis - central bankers'speeches

wound down, and the privatization of one state - owned bank ( nkbm ) has already been initiated. the new european resolution mechanism is scheduled to take effect in 2016. banka slovenije is seeking to speed up the process. it intends to create in 2015 a deposit insurance fund and a resolution fund to facilitate the consolidation of weak banks. the banking sector is undergoing a necessary process of structural reforms, and the world of banks is changing. regulation and supervision is being strengthened to make the future of the banking system more stable and less crisis - prone. on 4 november, the european central bank assumed responsibility under the single supervisory mechanism for supervising 8 banks in slovenia accounting for more than two - thirds of the market share. the supervisory culture will change under the new regime. supervision will become more quantitative and the ecb will also inspect the business models of banks. for the 10 credit institutions not covered under the ssm, banka slovenia will align its supervisory approach with that of the ssm. the central credit registry is being upgraded to support banking supervision. banka slovenije has established, like other european central banks, an institutional framework for macroprudential oversight of the financial system that is in line with the recommendations of the european systemic risk board. the basic aim is to safeguard the stability of the financial system by identifying the emergence of systemic risks at an early stage and taking preventive measures to mitigate these risks. * * * * bank rehabilitation is only a necessary condition for unlocking credit growth to the slovene economy. successful corporate restructuring, which entails both financial and business restructuring, is also essential to lay the foundation for productive investment and strong employment creation. unless enterprise restructuring is undertaken decisively in a timely fashion, the capital buffer of banks created by their recent recapitalization will erode and further injections will be needed once again. the enabling legislative framework for enterprise restructuring is in place, but systematic restructuring is yet to begin. this should be given priority by the government. a decision must be made with regard to the most urgent restructuring cases a critical constraint that slovenia faces is the availability of funding for corporate restructuring and increasing investment activities. given that the feasibility of using state resources for these purposes is limited, privatization and entry of private investors should be the key vehicles for the required non - debt capital infusion foreign direct investment is a key source of potential equity. the business and political culture will need to adapt and embrace the realities of globalization and slovenia ’ s integration