The failure of the regulatory system is at least one of the contributing causes to the 2008 Financial Crisis. The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) will have a far-reaching impact on the financial services industry particularly in its attempt to...

This paper aims at a brief but systematic overview of the evolution of European banking law, which is one (if not the most important) of the branches of European financial law. It is structured in three sections: (1) Section A provides the definition of European banking law (under 1) and reviews...

The Single Supervisory Mechanism (SSM) is widely acknowledged as being a milestone towards the creation of an effective transnational supervision in the Euro Area. Yet the SSM is far from being perfect. The European Central Bank (ECB), which is tasked with the supervision of all significant...

(1) The fifth edition of the present study contains a further update in full of the institutional and regulatory framework governing the Single Resolution Mechanism (SRM) and the Single Resolution Fund (SRF). Its structure has also been revised, since the Sections of previous editions have been...

The present study contains a further update of the comprehensive overview of the evolution of European (EU) banking law under the influence of public international banking law. It is structured in two Chapters. Chapter I, entitled “Public International Financial Law (Regulation)” contains...

This working paper focuses on the accountability arrangements for the ECB in the framework of the EU's Banking Union. For this purpose, first of all an analytical framework for the purposes of evaluating the preconditions and instruments of accountability placed at the disposal of the European...

The present paper examines the impact of the current fiscal crisis in the euro area on the Greek banking system and the institutional, regulatory and supervisory measures adopted to preserve its stability. It is divided into 2 Sections:(a) Section 1 deals with the differentiated impact of the...

The aim of this paper is to provide an analysis of the macro-prudential tasks assigned to the ECB within the context of the ‘Single Supervisory Mechanism' (SSM), which is a major building block of the European Banking Union. It is structured in two (2) sections. Section 1 provides a general...

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 directive up until its most recent developments in...