Study - The Judicial Scrutiny of the SSM and the SRB-A missed chance or a success story? - 19-09-2024
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This study examines key rulings on the supervision and resolution of credit institutions in the EU and their impact on the Banking Union framework. It explores how case law has refined the European Central Bank’s practices, shareholders' and boards' rightsStudy - The Judicial Scrutiny of the SSM and the SRB-A missed chance or a success story? - 19-09-2024
This study examines key rulings on the supervision and resolution of credit institutions in the EU and their impact on the Banking Union framework. It explores how case law has refined the European Central Bank’s practices, shareholders' and boards' rights, and the interaction between ECB and Single Resolution Board powers during ‘failing or likely to fail’ assessments. While highlighting how litigation has clarified processes, rights, and the criteria for resolution, the study’s findings underscore the need for heightened scrutiny of agencies to prevent political interference and ensure effective oversight. Source : © European Union, 2024 - EP Read more