Public funding of failing banks in the European Union
Einde inhoudsopgave
Public funding of failing banks in the European Union (LBF vol. 19) 2020/8.7:8.7 Towards further centralisation of public funding (regulation) within the European Banking Union
Public funding of failing banks in the European Union (LBF vol. 19) 2020/8.7
8.7 Towards further centralisation of public funding (regulation) within the European Banking Union
Documentgegevens:
mr. M. Louisse-Read, datum 01-06-2020
- Datum
01-06-2020
- Auteur
mr. M. Louisse-Read
- JCDI
JCDI:ADS213733:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Staatssteun (V)
Deze functie is alleen te gebruiken als je bent ingelogd.
This section discusses how the regulation of public funding to failing banks could be further centralised within the European Banking Union. This is a logical, but – unfortunately – highly controversial step in completing the European Banking Union. Outside the European Banking Union, the Member States, while guided by the Commission as the State aid authority, will have to continue regulating public funding in the absence of political consensus to further centralise this regulation.
8.7.1 Centralisation of public funding8.7.2 Designation of the SRB as centralised public funding authority8.7.3 Elimination of the role of Member States in the restructuring process8.7.4 Introduction of a bank liquidation tool