A contribution from the chair and vice-chairs of the Advisory Scientific Committee to the discussion on the European Commission's banking union proposals

André Sapir, Martin Hellwig and Marco Pagano

A European banking union is necessary to ensure the stability of the European financial system. This paper assesses the EU Commission's proposals for legislation to create a banking union in Europe. The EU Commission's proposal for a regulation creating a single supervisory mechanism is strongly supported. At the same time, a European resolution authority is essential for the credibility of the single supervisory mechanism.

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Year of publication:	[2012]
Authors:	Sapir, André ; Hellwig, Martin ; Pagano, Marco
Publisher:	[Frankfurt am Main] : ESRB, European Systemic Risk Board, European System of Financial Supervision
Subject:	EU-Staaten \| EU countries \| Eurozone \| Euro area \| Bankenregulierung \| Bank regulation

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Extent:	1 Online-Ressource (circa 7 Seiten)
Series:	Reports of the Advisory Scientific Committee. - Frankfurt am Main, Germany : European Systemic Risk Board, ISSN 2467-0685, ZDB-ID 2954752-0. - Vol. no. 2 (October 2012)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Amtsdruckschrift ; Government document
Language:	English
Other identifiers:	hdl:10419/193612 [Handle]
Classification:	G28 - Government Policy and Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011971062