TOWARDS BANKING UNION: THE SINGLE SUPERVISORY MECHANISM (SSM)
The Single Supervisory Mechanism: A Sound First Step in Europe’s Banking Union? Egmont European Affairs Paper, March 2013
... The Single Supervisory Mechanism, or SSM in the EU jargon, is a first step in the broader revision of policies towards banks in ...a Banking Union, which is to carry out ...
44
Assessing the Single Supervisory Mechanism: passing the point of no return for Europe's banking union. Egmont Paper No. 58, June 2013
... a Single Supervisory Mechanism, the EU took one of its boldest decisions since the financial crisis ...step towards the Banking ...previous supervisory structures remains ...its ...
62
The Single Supervisory Mechanism: the Building Pillar of the European Banking Union
... the banking sector could undermine the foundations of the financial system and threaten the real economy by turning a banking crisis into a sovereign debt crisis, as occurred in the Eurozone in ...their ...
57
The Single Supervisory Mechanism in the context of a European Banking Union under construction: bridging the Euro debt crisis with defences designed for the future
... European Banking Union (EBU) has been taking its first steps, aiming to prevent the dreaded repetition of the recent shortcomings of the several components of the European Monetary Union ...the ...
11
Europe's single supervisory mechanism and the long journey towards banking union. Bruegel Policy Contribution 2012/16, 4 October 2012
... ing union cannot yet be considered a settled ques- ...move towards banking union, the treaty-enshrined aim of a single market for banking services, combined with significant ...
9
European Union towards the banking union, single supervisory mechanism and challenges on the road ahead
... centralizing banking supervision in the Eurozone would have an effect on the ...the single supervisory proposal, it also proposed an amendment to the EBA’s ...the single supervisory ...
33
Breaking the ‘vicious circle between banks and sovereigns’: Neofunctionalism and liberal Intergovernmentalism as explanations for the establishment of the Single Supervisory Mechanism (SSM)
... complete Banking Union cannot be explained by the four possibilities I just discussed, it wouldn’t necessarily mean that the unintended consequences of the EMU, and the resulting functional spillovers, do ...
43
The Rising Power of the ECB: The Case of the Single Supervisory Mechanism
... way towards explaining the selection of the ECB as the Single Supervisory ...While Banking Union is a game-changer and constitutes the biggest change in European economic governance ...
28
The Political Economy of the Single Supervisory Mechanism: Squaring the ‘Inconsistent Quartet’
... in Banking Union owed largely to the fact that so few bank assets in the country were held by EU-owned subsidiaries or branches (the lowest percentage in the EU at the end of 2012) yet the bulk of bank ...
31
From the Single Supervisory Mechanism to the Banking Union. The role of the ECB and the EBA
... In the US there is a “dual banking system” in which each intermediary is subject to multiple controls. Banks can be state-chartered or federally-chartered (national banks); some special categories of banks, like ...
27
Banking union and a single bank supervisory mechanism
... steps towards a resolution of Europe’s current banking fragility are urgently needed, and the statement of 29 June 2012 makes the effective establishment of the SSM a precondition for such ...European ...
75
Supervisory transparency in the European banking union. Bruegel Policy Contribution 2014/01, 3 January 2004
... future banking union’s Single Supervisory Mechanism (SSM), headed by the ECB, will the level of transparency of the banking sector really approach the level taken for granted in the ...
13
Banking union: a solution to the euro zone crisis
... The banking union emerged from the June 2012 European Council as a new project expected to help and solve the euro area ...Is banking union a necessary supplement to monetary union or a ...
27
Does Banking Union Worsen the EU's Democratic Deficit? The Need for Greater Supervisory Data Transparency
... European Union Member States have made to the recent financial crisis is increased integration of their banking supervision under a system known as the ‘single supervisory mechanism’ ...
18
International in life, national in death? Banking nationalism on the road to Banking Union
... centralized banking supervision - even when German politicians and bankers threw up barriers in an attempt to stall ultimate ...of banking supervision in the new Single Supervisory ...
32
Really Blocking a Banking Union? : Germany's Reluctance towards pan European Banking Resolution
... the banking union: First, financial stability, which is to enhance market confidence, the European economy and thus lead to a prospering single market, especially in the ...resolution ...
59
Towards a Banking Union: Open Issues Bruges European Economic Policy (BEEP) Briefing 32/2014
... a Single Resolution Board (SRB) which will work in close cooperation with the ...The supervisory assessment will therefore be a necessary precondition for putting an institution into ...
36
Is there a single frontier in a single European banking market?
... a single country (mainly the ...European banking industries ranges from 70 percent to 80 percent while profit efficiency levels are found to be lower, at around 50 — 60 ...the banking industry in ...
36
A realistic bridge towards European banking union. Bruegel Policy Contribution 2013/09, June 2013
... Europe’s banking sector will enhance confidence to an extent that has not been achieved since 2007, and can be expected to have a momentous positive impact on credit provision and European growth ...weak ...
17
Supervisory cooperation in the single market for financial services: united in diversity?
... nationally-based supervisory system; these were acknowledged by the Commission in its Communication on Financial Supervision published in the early stages of the financial crisis: “Current supervisory ...
50