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The European Commission (EC) has long intended to play a leadership role in setting a pan-European competition policy; yet, both centralized and decentralized tendencies have been manifest in the European context for competition policy. It is not clear the whether these leadership intentions...
Persistent link: https://www.econbiz.de/10014163646
European payments market. The creation of an internal market for payments has been the result of both industry self-regulation … and public regulation. The Payment Services Directive (PSD) and Regulation 924/2009 support and complement the private … provides a legal framework for SEPA by harmonizing certain core payments provisions, while Regulation 924/2009 substantially …
Persistent link: https://www.econbiz.de/10013018789
This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …
Persistent link: https://www.econbiz.de/10010372581
's proposal for a Regulation of the European Parliament and the Council, whose objective is to lay down a general framework for … proposed Regulation (Sub-section 2).(2) Section B addresses the proposed Regulation's subject matter and scope, as well as the …) Section C analyses Articles 4-8 of the proposed Regulation concerning:• the eligibility and composition of the underlying …
Persistent link: https://www.econbiz.de/10012911693
in Article 5 of the Council Regulation (EU) No 1024/2013, which constitutes the main legal source of the ‘Single … Supervisory Mechanism' (known as the ‘SSM Regulation') …
Persistent link: https://www.econbiz.de/10013004912
The aim of this paper is to provide an analysis of the power of the ECB to impose administrative penalties as a supervisory authority within the context of the ‘Single Supervisory Mechanism', which is a major building block of the European Banking Union. It is structured in three (3) sections....
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