Article (Scientific journals)
Constitutive Powers of Executive Bodies: a Functional Analysis of the Single Resolution Board
MENDES, Joana
2021In Modern Law Review, 84 (6), p. 1330–1359
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Keywords :
executive bodies; EU agencies; bank resolution; constitutive powers; accountability
Abstract :
[en] Executive bodies can acquire constitutive powers,even if subject to detailed substantive strictures. Constitutive powers give executive bodies the possibility to transform normative understandings of the meaning of norms and of the goals of public action into legal forms. These bodies thus engage in a jurisgenerative process that enables them to progressively delimit their legal mandates in reaction to socio-economic and political realities. The article illustrates this argument by examining the power of the EU Single Resolution Board (SRB) to determine the resolution of a bank in crisis. It concludes that, in view of constitutive powers, the normative demands that the EU legal system places on executive and administrative bodies must be reconsidered. On that basis and to that effect, mechanisms of accountability should be reconceptualised and reoriented.
Disciplines :
Public law
Author, co-author :
MENDES, Joana ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
External co-authors :
no
Language :
English
Title :
Constitutive Powers of Executive Bodies: a Functional Analysis of the Single Resolution Board
Publication date :
2021
Journal title :
Modern Law Review
ISSN :
0026-7961
eISSN :
1468-2230
Publisher :
Blackwell, Oxford, United Kingdom
Volume :
84
Issue :
6
Pages :
1330–1359
Peer reviewed :
Peer Reviewed verified by ORBi
Focus Area :
Law / European Law
Available on ORBilu :
since 07 January 2022

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