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Hearing before the Committee on Economic and Monetary Affairs of the European Parliament

Introductory statement by Mario Draghi, Chair of the ESRB - Brussels, 17 November 2014.
Mario Draghi, chair of the European Systemic Risk Board (ESRB), provided details of the ESRB’s work in his introductory statement before the Committee on Economic and Monetary Affairs of the European Parliament (ECON), particularly in relation to the rebuilding confidence in the European banking system; and the operationalising macro-prudential policy in the banking sector. Draghi concluded by noting that the ESRB is due to publish a report early next year on the regulatory treatment of sovereign exposures.