[en] This article surveys the uneasy interactions of the (banking) Single Market and the Banking Union in the post-crisis EU. It focuses on the jurisdictional interrelationship between their (formally independent) policy-making centers: the EBA’s Board of Supervisors (EBA Board) - for the former, and the SSM Supervisory Board (SSM Board) - for the latter. It demonstrates that the jurisdictional domains between the EBA Board and the SSM Board are not firmly demarcated, but rather partially overlapping. Such a set-up may possibly result in a creation of a two-tier post-crisis EU bank regulatory and supervisory system, which in the end may impede efforts for constructing a harmonized bank regulatory and supervisory framework in the EU.
Disciplines :
Political science, public administration & international relations
Author, co-author :
Gren, Jakub ; University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Identités, Politiques, Sociétés, Espaces (IPSE)
External co-authors :
no
Language :
English
Title :
Integration through differentiation: uneasy relations of the (banking) single market and banking u...
Publication date :
01 May 2015
Journal title :
Studia Diplomatica
ISSN :
0770-2965
Publisher :
J Story Scientia, Gand, Belgium
Special issue title :
The European Financial Sector after the crisis: The Banking Union and Beyond