A contribution from the Chair and Vice-Chairs of the Advisory Scientific Committee to the discussion on the European Commission's banking union proposals

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.

MoreLess

Year of publication:	2012
Authors:	Sapir, André ; Hellwig, Martin ; Pagano, Marco
Publisher:	Frankfurt a. M. : European Systemic Risk Board (ESRB), European System of Financial Supervision
Subject:	bank regulation \| market integration

More details

Series:	Reports of the Advisory Scientific Committee ; 2
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
Other identifiers:	1049299906 [GVK] hdl:10419/193612 [Handle] RePEc:srk:srkasc:20122 [RePEc]
Classification:	G28 - Government Policy and Regulation
Source:	EconStor

Persistent link: https://www.econbiz.de/10011984888