First, that the firm has a reasonable supervisory system in place.

All critical control systems are designed to operate and continue operating, even when the supervisory system fails for any reason.

What is needed, he said, is to make the supervisory and regulatory systems more sound.

There is in fact an alternative, to wit, a coming together of supervisory systems.

We do not have a broken supervisory system in need of repair.

Is it really possible to achieve fully integrated management with the current supervisory system?

We hope that a supervisory system can be put in place as soon as possible.

It is, of course, essential for the supervisory system to allow sanctions to be imposed.

A second important point appears to me to be the introduction of a sound supervisory system.

'I think it must be a matter for debate whether the supervisory system is yet clear enough'.