The European Union's banking union project started in mid-2012 in response to the euro-area crisis, with the goal of breaking the bank-sovereign vicious circle. The objective was also to restore private liability in banking and to move towards an integrated supranational market for banking...

Following the June 2012 European Council decision to place the ‘Single Supervisory Mechanism' (SSM) within the European Central Bank, the general presumption in the policy discussions has been that there should be ‘Chinese walls' between the supervisory and monetary policy arms of the ECB....

This paper discusses EU case law developed over the past decade relating to decisions taken by the European Central Bank within the Single Supervisory Mechanism (SSM) and within the Single Resolution Mechanism (SRM). The cases centre around embracing and solidifying the BU framework, inter alia,...