Since its inception nearly a decade ago, the annual European System of Central Banks (ESCB) Legal Conference has become …

financial system in the European Union with focus on the functions of the central banks. The first section of the paper outlines … to the European System of Central Banks (ESCB), which comprises the European Central Bank (ECB) and the national central … banks (NCBs) of the EU Member States. In the second section, the paper describes the supporting role played by the ECB and …

). In addition, several other measures taken by central banks, regulators and governments in response to the crisis may have … level: currency-based measures directed towards banks, geographic ring fencing, some financial repression policies, crisis …