Banking union and the governance of credit institutions : a legal perspective
- The creation of the Banking Union is likely to come with substantial implications for the governance of Eurozone banks. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the Single Resolution Board, under the EU Regulations establishing the Single Supervisory Mechanism and the Single Resolution Mechanism, have been provided with a broad mandate and corresponding powers that allow for far-reaching interference with the relevant institutions’ organisational and business decisions. Starting with an overview of the relevant powers, the present paper explores how these could – and should – be exercised against the backdrop of the fundamental policy objectives of the Banking Union. The relevant aspects directly relate to a fundamental question associated with the reallocation of the supervisory landscape, namely: Will the centralisation of supervisory powers, over time, also lead to the streamlining of business models, corporate and group structures of banks across the Eurozone?
Verfasserangaben: | Jens-Hinrich Binder |
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URN: | urn:nbn:de:hebis:30:3-374419 |
URL: | http://ssrn.com/abstract=2591817 |
DOI: | https://doi.org/10.2139/ssrn.2591817 |
Titel des übergeordneten Werkes (Englisch): | SAFE working paper series ; No. 96 |
Schriftenreihe (Bandnummer): | SAFE working paper (96) |
Verlag: | SAFE |
Verlagsort: | Frankfurt am Main |
Dokumentart: | Arbeitspapier |
Sprache: | Englisch |
Datum der Veröffentlichung (online): | 10.04.2015 |
Datum der Erstveröffentlichung: | 08.04.2015 |
Veröffentlichende Institution: | Universitätsbibliothek Johann Christian Senckenberg |
Datum der Freischaltung: | 19.05.2015 |
Freies Schlagwort / Tag: | Bank Corporate Governance; Banking Regulation; Banking Union; Single Resolution Mechanism; Single Supervisory Mechanism |
Seitenzahl: | 30 |
HeBIS-PPN: | 359587593 |
Institute: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
Wissenschaftliche Zentren und koordinierte Programme / House of Finance (HoF) | |
Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS) | |
Wissenschaftliche Zentren und koordinierte Programme / Sustainable Architecture for Finance in Europe (SAFE) | |
DDC-Klassifikation: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
Sammlungen: | Universitätspublikationen |
Lizenz (Deutsch): | Deutsches Urheberrecht |