‘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)

Lemma, Valerio

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‘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

See all articles by Valerio Lemma

Valerio Lemma

Università degli Studi Guglielmo Marconi

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.

Suggested Citation: Suggested Citation

Lemma, Valerio, ‘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) (June 1, 2017). Rivista Trimestrale di Diritto dell'Economia, 2/2017, Available at SSRN: https://ssrn.com/abstract=2993845