 Complete the following phrase:  The centralization of banking supervision at the EU level and the harmonization of banking regulations in the EU has already been a way to foster consolidation in the ficial industry. Nevertheless, many obstacles to consolidation  economic e.g., poor economic conditions in Europe, regulatory e.g., national discrepancies in corporate law and cultural e.g., linguistic barriers  remain. Zooming on obstacles linked to regulatory and monitoring practices, despite efforts of harmonization, the fact that there remain some national inconsistencies in those practices has been identified as a barrier to consolidation e.g., some countries assess subsidiaries as separate entities, others as part of a single group. Another issue is the tendency of some EU member states, since the 