The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?

The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?

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The Single Supervisory Mechanism – Panacea or Quack Banking Regulation?

This paper analyzes the new architecture for the prudential supervision of banks in the euro area. It is primarily concerned with the likely effectiveness of the SSM as a regime that intends to bolster financial stability in the steady state.

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