TITLE

EL MECANISMO ÚNICO DE SUPERVISIÓN EUROPEO

AUTHOR(S)
UGENA TORREJÓN, ROBERTO
PUB. DATE
January 2014
SOURCE
Actualidad Juridica (1578-956X);2014, Issue 36, p7
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
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, poses various challenges. Among other matters, this article analyses the legal base of the new supervisory mechanism and its implementation, the decision-making process within the European Central Bank and the delicate balance between its independence and its democratic control, as well as judicial review of decisions taken under this new scenario.
ACCESSION #
96526852

 

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