Tumpel-Gugerell: Institutions in Financial System

In the speech 'The Role of Institutions in the Financial System' given on 11 November Gertrude Tumpel-Gugerell of the ECB said an integrated European supervisory framework enhances the ability to react quickly, effectively and more transparently to any adverse shocks that might impact the European financial sector. This will contribute to ensuring continued confidence and ultimately to improving the stability of the financial system, she concluded.

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