Supervisors must be professionals

According to this article by Jean Lemierre, published by The Banker, whether responsibility for banking supervision in the EU lies with national central banks or with separate agencies, it must be able to stand up to pressure.

"For me, the crucial argument is not where banking supervision resides but under what conditions," Lemierre says in the article.

"The basis of sound supervision rests with the professionalism of the people who are responsible for it, the quality of the training they receive

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