Download This Paper‘Too Big to Escape’: Un Significativo Chiarimento Sull’Ambito Di Applicazione Del Single Supervisory Mechanism (‘Too Big to Escape’: A Clarification of Significant Relevance on the Scope of the Single Supervisory Mechanism)
Rivista Trimestrale di Diritto dell'Economia, 2/2017
45 Pages Posted: 30 Jun 2017
Date Written: June 1, 2017
Abstract
Italian Abstract: L'articolo analizza un'interessante decisione del Tribunale dell'UE, nella quale i giudici si oppongono ad un inaccettabile tentativo di fuga dalla supervisione diretta della BCE.
English Abstract: This paper analyzes an important decision of the EU General Court concerning the prudential supervision of credit institutions under the provisions of Article 6(4) of Regulation (EU) No 1024/2013 and Article 70(1) of Regulation (EU) No 468/2014.
The paper highlights that, in the Court's decision, the Single supervisory mechanism provides that the competences of the ECB can be subject only to a decentralised exercise by the national authorities.
Note: Downloadable document is available in Italian.
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