European Banking Union

Herausgeber: Binder, Jens-Hinrich; Ohler, Christoph; Lackhoff, Klaus; Gortsos, Christos V

• Gebundenes Buch

Produktbeschreibung

This new commentary analyses, article by article, the two most important regulations on the European banking union: firstly, the Single Supervisory Mechanism with the ECB as the single supervisory authority for major banking institutions; and secondly, the Single Resolution Mechanism with the Single Resolution Fund as the centralized decision-making body in the eurozone.

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Produktdetails

• Verlag: Bloomsbury Academic
• Seitenzahl: 1280
• Erscheinungstermin: 9. Februar 2023
• Englisch
• Abmessung: 234mm x 156mm x 25mm
• Gewicht: 454g
• ISBN-13: 9781509963898
• ISBN-10: 1509963898
• Artikelnr.: 67052388

Autorenporträt

Jens-Hinrich Binder is Professor of Law at Eberhard-Karls-Universitaet Tuebingen, Germany. Christos V Gortsos is Professor of Public Economic Law at the Law School of the National and Kapodistrian University of Athens, Greece. Klaus Lackhoff is Counsel in the Frankfurt office of Freshfields, Germany. Christoph Ohler is Chair of Public Law, European Law, International Law and International Business Law at Friedrich Schiller University, Germany.

Inhaltsangabe

SINGLE SUPERVISORY MECHANISM REGULATION Art. 1 Subject matter and scope
Art. 2 Definitions Article 2 SSM Framework Regulation Definitions Art. 3
Cooperation Art. 4 Tasks conferred on the ECB Art. 5 Macro-prudential tasks
and tools Arts. 103-105 SSM Framework Regulation Art. 6 Cooperation within
the SSM Art. 7 Close cooperation with the competent authorities of
participating Member States whose currency is not the euro Art. 8
International relations Art. 9 Supervisory and investigatory powers Art. 10
Request for information Art. 11 General investigations Art. 12 On-site
inspections Art. 13 Authorisation by a judicial authority Art. 14
Authorisation Art. 15 Assessment of acquisitions of qualifying holdings
Art. 16 Supervisory powers Art. 17 Powers of host authorities and
cooperation on supervision on a consolidated basis Arts. 8-17 SSM Framework
Regulation Art. 18 Administrative penalties Art. 19 Independence Art. 20
Accountability and reporting Art. 21 National parliaments Art. 22 Due
process for adopting supervisory decisions Art. 23 Reporting of violations
Art. 24 Administrative Board of Review Art. 25 Separation from monetary
policy function Art. 26 Supervisory board Art. 27 Professional secrecy and
exchange of information Art. 28 Resources Art. 29 Budget and annual
accounts Art. 30 Supervisory fees Art. 31 Staff and staff exchange Art. 32
Review Art. 33 Transitional provisions Art. 34 Entry into force SINGLE
RESOLUTION MECHANISM REGULATION Art. 1 Subject matter Art. 2 Scope Art. 3
Definitions Art. 4 Participating Member States Art. 5 Relation to Directive
2014/59/EU and applicable national law Art. 6 General Principles Art. 7
Division of tasks within the SRM Art. 8 Resolution plans drawn up by the
Board Art. 9 Resolution plans drawn up by national resolution authorities
Art. 10 Assessment of resolvability Art. 10a Power to Prohibit Certain
Distributions Art. 11 Simplified obligations for certain institutions Arts.
12-12k Minimum requirements Art. 13 Early intervention Art. 14 Resolution
Objectives Art. 15 General principles governing resolution Art. 16
Resolution of financial institutions and parent undertakings Art. 17 Order
of priority of claims Art. 18 Resolution procedure Art. 19 State aid and
Fund aid Art. 20 Valuation for the purposes of resolution Art. 21
Write-down and conversion of capital instruments or eligible liabilities
Art. 22 General principles of resolution tools Art. 23 Resolution Scheme
Art. 24 Sale of business tool Art. 25 Bridge Institution Tool Art. 26 Asset
separation tool Art. 27 Bail-in tool Art. 28 Monitoring by the Board Art.
29 Implementation of decisions under this Regulation Art. 30 Obligation to
cooperate and information exchange within the SRM Art. 31 Cooperation
within the SRM Art. 32 Consultation of, and cooperation with,
non-participating Member States and third countries Art. 33 Recognition and
enforcement of third-country resolution proceedings Art. 34 Requests for
information Art. 35 General investigations Art. 36 On-site inspections Art.
37 Authorisation by a judicial authority Art. 38 Fines Art. 39 Periodic
penalty payments Art. 40 Hearing of the persons subject to the proceedings
Art. 41 Disclosure, nature, enforcement and allocations of fines and
periodic penalty payments Art. 42 Legal status Art. 43 Composition Art. 44
Compliance with Union law Art. 45 Accountability Art. 46 National
parliaments Art. 47 Independence Art. 48 Seat Art. 49 Participation in
plenary sessions Art. 50 Tasks Art. 51 Meeting of the plenary session of
the Board Art. 52 General provisions on the decision-making process Art. 53
Participation in the executive sessions Art. 54 Tasks Art. 55
Decision-making Art. 56 Appointment and tasks Art. 57 Resources Art. 58
Budget Art. 59 Part I of the budget on the administration of the Board Art.
60 Part II of the budget on the Fund Art. 61 Establishment and
implementation of the budget Art. 62 Internal audit and control Art. 63
Implementation of the budget, presentation of accounts and discharge Art.
64 Financial rules Art. 65 Contributions to the administrative expenditures
of the Board Art. 66 Anti-fraud measures Introduction to Arts. 67-74 SRMR
Art. 67 General provisions Art. 68 Requirement to establish resolution
financing arrangements Art. 69 Target level Art. 70 Ex-ante contributions
Art. 71 Extraordinary ex-post contributions Art. 72 Voluntary borrowing
between resolution financing arrangements Art. 73 Alternative funding means
Art. 74 Access to financial facility Art. 75 Investments Art. 76 Mission of
the Fund Art. 77 Use of the Fund Art. 78 Mutualisation of national
financing arrangements in the case of group resolution involving
institutions in non-participating Member States Art. 79 Use of deposit
guarantee schemes in the context of resolution Art. 80 Privileges and
immunities Art. 81 Language arrangements Art. 82 Staff Art. 83 Staff
exchange Art. 84 Internal committees Art. 85 Appeal Panel Art. 86 Actions
before the Court of Justice Art. 87 Liability of the Board Art. 88
Professional secrecy and exchange of information Art. 89 Data protection
Art. 90 Access to documents Art. 91 Protection of classified and sensitive
non-classified information Art. 92 Court of Auditors Art. 93 Exercise of
the delegation Art. 94 Review Art. 95 Amendment to Regulation (EU) No
1093/2010 Art. 96 Replacement of national resolution financing arrangements
Art. 97 Headquarters Agreement and operating conditions Art. 98 Start of
the Board's activities Art. 99 Entry into force