Single banking supervision and the single supervisory mechanism

Authors

  • Carmen Adriana Gheorghe Transilvania University of Brasov, Romania

Keywords:

single banking supervision, single authority, European Central Bank ECB, banking regulation, banking crisis

Abstract

A resolution seems to have been found for the banking crisis. The first steps have been made towards the construction of the Economic and Monetary Union, steps involving the single supervision of banks, in order to avoid the discount of a new financial crisis on the expense of the EU state members. The Single Supervisory Mechanism – SSM is to become effective as of March 1, 2014, at the earliest.

Author Biography

Carmen Adriana Gheorghe, Transilvania University of Brasov, Romania

Dept. of Law

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Published

2013-09-10

Issue

Vol. 6(55) No. 1 (2013)

Section

BUSINESS AND EUROPEAN LAW

License

Copyright (c) 2013 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.