Similar Search Results

European Banking Union A : The Single Supervisory Mechanism

Wiggins, Rosalind - 2015

, committing to a banking union that would better coordinate supervision of banks in the then 18-country Eurozone. A key component … of the banking union was the Single Supervisory Mechanism (SSM), which brought banks in the Eurozone under supervision of … changes in Eurozone bank regulation and supervision resulting from the Single Supervisory Mechanism …

Persistent link: https://www.econbiz.de/10013026538

The Banking Union : An Overview and Open Issues

Schoenmaker, Dirk - 2016

The move to European Banking Union involving the supervision and resolution of banks at euro-area level was stimulated by the sovereign debt crisis in the euro area in 2012. However, the long-term objective of Banking Union is dealing with intensified cross-border banking.The share of the assets...

Persistent link: https://www.econbiz.de/10012992056

Completing the Banking Union with a European Deposit Insurance Scheme : Who is Afraid of Cross-Subsidisation?

Carmassi, Jacopo - 2018

On 24 November 2015, the European Commission published a proposal to establish a European Deposit Insurance Scheme (EDIS). The proposal provides for the creation of a Deposit Insurance Fund (DIF) with a target size of 0.8% of covered deposits in the euro area and the progressive mutualisation of...

Persistent link: https://www.econbiz.de/10012921873

Market Reactions to the Single Resolution Mechanism - Credibility of New Bail-In Regulation

Lindstad, Sven Faye - 2018

This paper provides evidence on how announcements about the new European regulation on bank resolution impacted credit default swaps and equity values of banks. Using an event study methodology, abnormally high CDS spreads are observed during the provisional SRM agreement on 20 March 2014, the...

Persistent link: https://www.econbiz.de/10012923281

The Process Towards the Centralisation of the European Financial Supervisory Architecture : The Case of the Banking Union

Montanaro, Elisabetta - 2018

The evolution of the EU supervisory architecture has demonstrated that it took the risk of a euro break-up to barely overcome the Member States and their supervisors' political resistances to centralisation. In the two-tier Europe that is emerging after the euro crisis, the integrity of the...

Persistent link: https://www.econbiz.de/10012930490

Banks' risk-taking within a banking union

Farnè, Matteo; Vouldis, Angelos - 2021

We study the relationship between banks' size and risk-taking in the context of supranational banking supervision. Consistently with theoretical work on banking unions and in contrast to analyses emphasising incentives under- pinned by the too-big-to-fail effect, we find an inverse relationship...

Persistent link: https://www.econbiz.de/10012627903

The Single Supervisory Mechanism or 'SSM', Part One of the Banking Union

Wymeersch, Eddy - 2015

The Regulation on the Single Supervisory Mechanism mandates the European Central Bank to exercise prudential supervision on the most significant banks located in the Euro area, whether directly by the Bank's own services, or indirectly by the national prudential supervisors but under the general...

Persistent link: https://www.econbiz.de/10013034162

Common Banking Supervision in the Eurozone : Strengths and Weaknesses

Ferrarini, Guido - 2013

asymmetries. Moreover, the SSM will be limited to the eurozone, so that the enhanced cooperation and lead supervisor's models will …

Persistent link: https://www.econbiz.de/10013077827

National interests and supranational resolution in the European Banking Union

Tröger, Tobias; Kotovskaia, Anastasia - 2022

We investigate whether the bank crisis management framework of the European banking union can effectively bar the detrimental influence of national interests in cross-border bank failures. We find that both the internal governance structure and decision making procedure of the Single Resolution...

Persistent link: https://www.econbiz.de/10012807771

The macroeconomic effects of a European deposit (re-)insurance scheme

Clemens, Marius; Gebauer, Stefan; König, Tobias - 2020

While the ﬁrst two pillars of the European Banking Union have been implemented, a European deposit insurance scheme (EDIS) is still not in place. To facilitate its introduction, recent proposals argue in favor of a reinsurance scheme. In this paper, we use a regime-switching open-economy DSGE...

Persistent link: https://www.econbiz.de/10012223907