05-11-2015

"The importance of the SSM is enormous"

Bert Van Roosebeke talks with AFP about Europe's banking watchdog, the Single Supervisory Mechanism

Setting up the Single Supervisory Mechanism (SSM) has been “a huge achievement. It has worked very well,” cep financial market expert Bert Van Roosebeke told AFP. “The importance of the SSM is enormous. There isn't a bigger banking supervisor anywhere else in the world,” the economist said.