TITLE

German Banks Back Role for ECB

PUB. DATE
August 2012
SOURCE
American Banker;8/22/2012, Vol. 177 Issue 130, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
79276686

 

Related Articles

  • The European Central Bank and Its Role in the New European System of Banking Supervision--Part I. Dinov, Stanyo Neykov // Banking Law Journal;Jan2017, Vol. 134 Issue 1, p38 

    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...

  • 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...

  • 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)...

  • Einheitlicher Aufsichtsmechanismus.  // Risiko Manager;2014, Issue 5, p5 

    The article presents information about the Single Supervisory Mechanism (SSM), a proposal by the European Central Bank (ECB) to streamline and harmonize bank supervision and compliance procedures and requirements across the member states of the European Union (EU). The proposal discusses various...

  • 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...

  • The Single Supervisory Mechanism: Ready to take over banking supervision in the euro area? Dietz, Thomas M. // Journal of Risk Management in Financial Institutions;Winter2014/2015, Vol. 8 Issue 1, p62 

    With the establishment of the Single Supervisory Mechanism (SSM), the euro area member states have committed themselves to transferring a considerable part of their national sovereignty with regard to banking supervision to the European Central Bank (ECB). This will have a large impact on the...

  • 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...

  • Regulatorische Stresstests – mehr als eine Pflichtübung. Thun, Christian // Risiko Manager;2014, Issue 5, p13 

    The article discusses stress tests for banks conducted by financial regulatory agencies since the Global Financial Crisis of 2008-2009. The author provides information about compliance requirements established by the U.S. Federal Reserve System and the European Central Bank (ECB) and about risk...

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