Rossi calls on supervisors to ‘build a real single house’
Stresses the importance of harmonising supervisory practices across the eurozone
The Single Supervisory Mechanism (SSM) is valuable in and of itself, although it only represents the first step towards a full-fledged banking union, according to Salvatore Rossi, the Bank of Italy's senior deputy governor.
Delivering a lecture at the Bank of Russia on April 2, the text of which was published on April 10, urged the national competent authorities in the eurozone member states to "build a real single house".
"We have to bring to this common endeavour the best practices and the
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