TITLE

The European Central Bank and Its Role in the New European System of Banking Supervision--Part I

AUTHOR(S)
Dinov, Stanyo Neykov
PUB. DATE
January 2017
SOURCE
Banking Law Journal;Jan2017, Vol. 134 Issue 1, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The first part of this two-part article explores the decentralized European system of financial supervision and the September 2011 system of financial supervision. The proposals of the European Commission and the establishment of the European Banking Union and key problems and remaining open questions, as well as the possible alternative solutions, will be explored and the potential long-term prospects outlined in an upcoming issue of The Banking Law Journal.
ACCESSION #
120826353

 

Related Articles

  • German Banks Back Role for ECB.  // American Banker;8/22/2012, Vol. 177 Issue 130, p11 

    The article states Germany's BdB banking association said the European Central Bank (ECB) should have the sole responsibility for regulating banks in the euro region and the ECB should create an independent unit for this purpose that will be supervised politically by the European Union.

  • MUS: SU IMPLEMENTACIÓN E IMPACTO PARA LA BANCA ESPAÑOLA. ALBUERNE GONZALEZ, CAROLINA // Actualidad Juridica (1578-956X);2014, Issue 38, p96 

    On 4 November this year, the European Central Bank assumed the banking supervisory powers over credit entities within the Eurozone through a new system known as the Single Supervisory Mechanism (SSM). The SSM is the first pillar in the construction of the European Banking Union and will imply...

  • EL MECANISMO ÚNICO DE SUPERVISIÓN EUROPEO. UGENA TORREJÓN, ROBERTO // Actualidad Juridica (1578-956X);2014, Issue 36, p7 

    This article provides a general overview on the changes introduced by the entry into force of the new Single Supervisory Mechanism. This mechanism, which transfers most of the supervisory powers of the Eurozone banking system to the European Central Bank under Council Regulation no. 1024/2013,...

  • OBSERVACIONES EN TORNO AL MECANISMO ÚNICO DE SUPERVISIÓN BANCARIA EN LA UNIÓN EUROPEA. GARCÍA ALCORTA, JOSÉ // Actualidad Juridica (1578-956X);2013, Issue 34, p51 

    The supervision of credit institutions in the European Union currently remains at a national level. As an initial step towards a European banking union, the European Union plans to set up a single supervisory mechanism. Through this mechanism, the European Central Bank will undertake...

  • Solvency II kommt 2016.  // Risiko Manager;2013, Issue 22, p5 

    The article announces the approval by the European Commission of a delay of the Solvency II capital and equity regulations for European banks until 2016 and offers further information online at www.ec.europa.eu.

  • THE EU BANKING UNION: WILL THE NEW REGULATORY FRAMEWORK RESTORE CONFIDENCE IN EUROPEAN BANKING? MICKISCH, SVEN G.; BRANDT, PATRICK // Banking Law Journal;Mar2014, Vol. 131 Issue 3, p256 

    The article discusses whether the establishment of a European Union (EU) banking union will restore confidence in European banking, focusing on the creation of a single bank regulatory framework which covers banks that are headquartered either in a eurozone country or in a participating...

  • THE EUROPEAN SINGLE SUPERVISORY MECHANISM. FERRAN, EILÍS; BABIS, VALIA S. G. // Journal of Corporate Law Studies;Oct2013, Vol. 13 Issue 2, p255 

    The establishment of the single supervisory mechanism (SSM) is the fi rst fundamental step towards European banking union. This article examines the significant legal issues raised by the creation of the SSM as refl ected in the legal texts adopted in September 2013 by the Council and the...

  • Access to accounts: Why banks should embrace an open future. Salmony, Michael // Journal of Payments Strategy & Systems;Summer2014, Vol. 8 Issue 2, p157 

    This paper provides a fresh perspective on the recent access to accounts initiative proposed by the European Commission. There is a history of success of open versus closed systems (eg IBM, Telecoms), and it is now the banks' turn to open up. As it is better to disrupt oneself rather than...

  • EU regulatory developments.  // Law & Financial Markets Review;Dec2012, Vol. 6 Issue 6, p447 

    The article discusses the developments on European Union (EU) regulations as of December 1, 2012. It states that EU Parliament's Committee on Economic and Monetary Affairs (ECON) approved the amendments to the proposal of the EU Commission on financial regulations. European Central Bank (ECB)...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics