designated authorities (SSM Framework Regulation) (O.J. 2014, L 141/1). 12 Article 6(4)(i), SSM Regulation; Article 50 ff., Regulation 468/2014 13 Article 6(4)(ii), SSM Regulation; Article 56 ff [...] 6(4) SSM Regulation, A.G. Hogan observed that it was in line with the rationale behind the whole post-financial crisis legislation, of which the SSM Regulation was a part. In his view, the SSM Regulation [...] Distribution of roles within the SSM: The General Court chooses one of the possible interpretations 4.2 The nature of the ECB’s competences under the SSM 4.3 The SSM and Article 127 TFEU: the need for
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Abwicklungsfonds für alle SSM-Staaten führt – anders als die nationalen Ab- wicklungsfonds der Nicht-SSM-Staaten – dazu, dass die Abwicklung einer Bank von den Banken aller anderen SSM-Staaten mitfinanziert [...] denen die EZB künftig für die Bankenaufsicht zuständig ist (Single Supervisory Mechanism, SSM) (im Folgenden: „SSM-Staaten“); dies sind alle Euro-Staaten sowie Nicht-Euro-Staaten, die sich freiwillig der [...] Zudem wird ein SSM- weiter gemeinsamer Bankenabwicklungsfonds (im Folgenden: „Abwicklungsfonds“) eingerichtet (Art. 64). – Die Kommission oder der Ausschuss dürfen „in keinem Fall“ von einem SSM-Staat den
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the ECB, SSM, EBA, SRB, ESM and other European entities. The 10th European Round Table SSM focusses on ›SSM Agenda 2019 and beyond – NPL solutions as core triggers‹. Further upcoming European SSM Round Tables [...] of »10th European SSM Round Table« European System of Financial Supervision (ESFS) Single Supervisory Mechanism (SSM) In the ESFS context, the Single Supervisory Mechanism (SSM) is the first pillar [...] Layout 1 Wednesday, 19 June 2019 Oesterreichische Nationalbank 10th European SSM Round Table In Cooperation with: »SSM Agenda 2019 and beyond« NPL solutions as core triggers Inv itation Professor
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Resolution Fund for all SSM States leads - unlike national resolution funds in the non- SSM States - to the resolution of one bank having to be financed by the banks of all the other SSM States. This promotes [...] to be responsible for banking supervision in the future (Single Supervisory Mechanism, SSM) (hereinafter: "SSM States"); these are all Euro Area, and all non-Euro Area Member States who have submitted [...] 44). In addition, an SSM-wide Single Bank Resolution Fund (hereinafter: "Resolution Fund") will be set up (Art. 64). – Neither the Commission nor the Board can require a SSM State to provide public
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number of votes from members from Member States participating in the SSM and from Member States that do not participate in the SSM. (8) The members of the independent panel set up according to Article [...] are representatives of competent authorities which are part of the SSM and a given case to be decided upon by the Panel concerns the SSM. The EBA should develop rules of procedure for the panel that ensure [...] the euro. One of the key elements of the banking union should be a Single Supervisory Mechanism (SSM) with direct oversight of banks, to enforce prudential rules in a strict and impartial manner and
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