Author : Adina Akbik
Publisher : Cambridge University Press
Page : 253 pages
File Size : 17,70 MB
Release : 2022-02-03
Category : Law
ISBN : 1108835759
An examination of executive actors' accountability for EU economic decisions in the aftermath of the euro crisis.
Author : Gianni Lo Schiavo
Publisher : Edward Elgar Publishing
Page : 317 pages
File Size : 41,49 MB
Release : 2019
Category : Bailouts (Government policy)
ISBN : 1788972023
The European Banking Union and the Role of Law offers a comprehensive and unique examination of the European Banking Union’s (EBU) impact on existing legal disciplines and assesses the role of law in shaping the EBU framework.
Author : Davor Jančić
Publisher : Oxford University Press
Page : 353 pages
File Size : 39,13 MB
Release : 2017
Category : Business & Economics
ISBN : 0198791623
A critical assessment of the role of national parliaments in the EU after the Lisbon Treaty and the sovereign debt crisis in the Eurozone, this book examines whether national parliaments have become resigned or resilient actors in these new socio-economic and politico-legal circumstances.
Author : Dominique Ritleng
Publisher : Oxford University Press
Page : 242 pages
File Size : 41,58 MB
Release : 2016-02-12
Category : Law
ISBN : 0191082449
As EU non-majoritarian bodies such as the European Commission, the Court of Justice of the European Union, and the European Central Bank grow in political influence, many have identified the pressing need to keep these bodies accountable to the repositories of the EU's democratic legitimacy. This collection of essays sheds light on the inherent tension between independence and legitimacy in the EU's institutional system and explores the options of reconciling the two. Featuring analysis from both legal and political perspectives, the volume assesses whether, to what extent, and how it is possible to control the various EU independent bodies and make them answerable for what they do, while at the same time upholding their independence.
Author : Robby Houben
Publisher :
Page : 0 pages
File Size : 35,8 MB
Release : 2017
Category : Banking law
ISBN : 9789400007789
This book takes stock after a year of application of the SRM and examines the situation from various perspectives: the perspective of the SRB, the NRA, the supervised bank and judicial protection. Special attention is given to the division of power between the RB and the NRA and the impact on the supervised bank, the relationship and links between the SRM and the SSM and the query whether the right balance between national and supranational powers has been struck, also in view of the principle of subsidiarity.
Author : Hanspeter K. Scheller
Publisher :
Page : 229 pages
File Size : 13,17 MB
Release : 2006
Category : Banks and banking, Central
ISBN : 9789289900270
Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.
Author : Menelaos Markakis
Publisher : Oxford University Press
Page : 314 pages
File Size : 28,21 MB
Release : 2020-04-02
Category : Law
ISBN : 0192583956
Following the financial and public debt crisis, the EU's Economic and Monetary Union (EMU) has been under intense political scrutiny. The measures adopted in response to the crisis have granted additional powers to the EU (and national) authorities, the exercise of which can have massive implications for the economies of the Member States, financial institutions and, of course, citizens. The following questions arise: how can we hold accountable those institutions that are exercising power at the national and EU level? What is the appropriate level, type and degree of accountability and transparency that should be involved in the development of the EU's governance structures in the areas of fiscal and economic governance and the Banking Union? What is the role of parliaments and courts in holding those institutions accountable for the exercise of their duties? Is the revised EMU framework democratically legitimate? How can we bridge the gap between the citizens - and the institutions that represent them - and those institutions that are making these important decisions in the field of economic and monetary policy? This book principally examines the mechanisms for political and legal accountability in the EMU and the Banking Union. It examines the implications that the reforms of EU economic governance have had for the locus and strength of executive power in the Union, as well as the role of parliaments (and other political fora) and courts in holding the institutions acting in this area accountable for the exercise of their tasks. It further sets out several proposals regarding transparency, accountability, and legitimacy in the EMU.
Author : Giovanni Bassani
Publisher : Kluwer Law International B.V.
Page : 166 pages
File Size : 21,18 MB
Release : 2019-02-11
Category : Law
ISBN : 9403508736
In this innovative book a leading expert directly involved in the development and implementation of the framework compellingly demonstrates the necessity of removing differences in banking legislation across national borders within the Banking Union. The author analyses all the cases where the European Central Bank (ECB) is required to apply national legislation in accordance with the country of establishment of the credit institutions under its direct supervision within the Single Supervisory Mechanism (SSM). Drawing on the case law of the European Court of Justice concerning the transposition of EU Directives the book also develops an analytical methodology to assess the derivation of national legislation from EU law with application to several concrete cases. In an in-depth analysis of the complex legal environment in which the ECB, as prudential supervisory authority, has been operating, the author thoroughly answers the following questions: – What are the supervisory tasks and powers of the ECB in the micro and macroprudential spheres? – When is the ECB required to apply national legislation? – What are the 'direct' and the 'indirect' supervisory powers of the ECB vis-à-vis significant supervised entities? – What are the options and discretions available in EU law? – What are the most important prudential options the ECB has exercised for significant supervised entities? – What are the main legal obstacles to the establishment of a truly single supervisory jurisdiction within the Euroarea with actual fungibility of capital and liquidity for cross-border banking groups? The legal analysis in this book supports, with great authority, the demands for a leap forward in the full harmonisation of key prudential requirements within the Banking Union. Legal and banking practitioners, officials in national and European authorities, banking law scholars and policymakers will benefit enormously from the lessons it contains for the way forward of the Banking Union and, more generally, the future of the European Union itself.
Author : Rishi Goyal
Publisher : International Monetary Fund
Page : 31 pages
File Size : 10,15 MB
Release : 2013-02-12
Category : Business & Economics
ISBN : 1475569823
The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady state view of the banking union, elaborates difficult transition issues, and briefly discusses broader EU issues. As such, it assesses current plans and provides advice. It is accompanied by three background technical notes that analyze in depth the various elements of the banking union: a single supervisory framework; a single resolution and common safety net; and urgent issues related to repair of weak banks in Europe.
Author : Miroslava Scholten
Publisher : Edward Elgar Publishing
Page : 401 pages
File Size : 39,84 MB
Release : 2017-11-24
Category : Law
ISBN : 1786434636
EU law and governance have faced a new development – the proliferation of EU enforcement authorities, which have grown in number over the last 15 years. These entities, either acting alone or together with national enforcement authorities, have been investigating and sanctioning private actors on their compliance with EU law. Law Enforcement by EU Authorities investigates whether the system of control (in terms of both judicial and political accountability) has evolved to support the new system of law enforcement in the EU.
