This being so, one can find oneself wondering
whether the present system of supervision in the European Union – in which supervisors have specific, and very different, structures for which they are responsible, have highly divergent competences, powers and responsibilities and act on the basis of a national mandate – is capable of
ensuring the proper supervision of large multinational financial groups. One wonders whether the system is sustainable and whether it might perhaps jeopardise the financial stability of the European system i
...[+++]tself.