FXstreet.com (Barcelona) - France is proposing as candidate to head up the ECB's new bank supervisory role, Finance Minister Pierre Moscovici said on Monday, according to Reuters.

The authority will supervise over 150 of the largest euro zone's banks, starting in the first quarter of 2014. "We have a candidate for this post, it's not a mystery and I hope that she will convince," Moscovici said.

As Reuters notes: "The secretary general of France's ACP financial sector regulator, Daniele Nouy, has so far been cited as well placed to chair the board of the new body."