Suvanto, Antti; Virolainen, Kimmo - 2014
The project to build up a banking union in Europe was launched in summer 2012. Thereafter the progress has been fast … Spring 2014. It should be up and running as of the beginning of 2015. The main rationalisation for the banking union has been … safeguard the smooth operation of the single market. If the cross-border banking is significant, home-country supervision is no …