ECB's Gonzalez-Paramo on CBs and supervisors
A very close and smooth interplay between central banking and the supervisory communities is crucial, said Jose Manuel Gonzalez-Paramo, a member of the European Central Bank's executive board.
Gonzalez-Paramo said that experience of the Eurosystem during the market turmoil confirmed how important it was for central banks to have a close working relationship with supervisors and full access to supervisory information in order to fulfil their institutional tasks.
He also said that the turmoil s
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