Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Frank Elderson, Member of the Executive Board of the ECB, at the ECON Committee of the European Parliament
Brussels, 25 January 2021
Ladies and gentlemen,
Introduction
It is a great honour for me to appear again before your Committee, this time in order for you to assess my suitability for the role of Vice-Chair of the Supervisory Board of the ECB.
The European Parliament’s role in this process reflects the highest principles of democracy and accountability. Interactions such as this are of great value to European citizens, given the expertise in supervisory topics acquired by this Committee since the establishment of ECB Banking Supervision.