Weitere Kapitel dieses Buchs durch Wischen aufrufen
This chapter contains the book’s concluding remarks, which are classified in four sets. The first set of conclusions refers to the evolution of European central banking law step by step since the beginning of Stage Three of EMU with the establishment of the European System of Central Banks and the Eurosystem, subsequently the European System of Financial Supervision and, finally, the mechanisms of the Banking Union (analysed in Chaps. 1, 2, 3 and 4). The second set summarises, in turn, the institutional aspects of these systems and mechanisms, as participated in by the European Central Bank (ECB) and the national central banks of the EU Member States (analysed in Chap. 5). The following set of concluding remarks refers to the institutional aspects of the ECB (analysed in Chap. 6), and finally, conclusions are drawn in respect of the tasks and powers of the ECB and the national central banks (analysed in Chaps. 7, 8 and 9) and the allocation of objectives between the ECB, the European Banking Authority and the European Systemic Risk Board.
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For a summary, see Table 10.1.
For a summary, see Table 10.2.
This distinction does not apply to the granting and withdrawal of authorisation of credit institutions, to the acquisition and disposal of qualifying holdings in credit institutions, which are ECB competences for all credit institutions, and the macro-prudential tasks conferred on the ECB by virtue of Article 5 SSMR.
On the allocation of competences between the ECB and the NCBs, see Table 10.3.
- Concluding Remarks
Christos V. Gortsos
- Chapter 10
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