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- W4387079382 abstract "The European Banking Union (EBU) has been a major breakthrough in the European integration process, with the introduction of a single supervisory mechanism, single resolution mechanism, and revision of the deposit guarantee schemes. The EBU has undoubtedly contributed to the strengthening of the supervisory framework, but there remain important legal, economic, political, and operational challenges. This chapter focuses on two serious flaws in the current EBU and potential solutions. First, the lack of a jointly backed deposit guarantee scheme. Second, the inability to effectively use and finance the resolution fund and the absence of an effective liquidity facility." @default.
- W4387079382 created "2023-09-28" @default.
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- W4387079382 date "2023-10-12" @default.
- W4387079382 modified "2023-09-28" @default.
- W4387079382 title "The Banking Union" @default.
- W4387079382 doi "https://doi.org/10.1017/9781009364706.031" @default.
- W4387079382 hasPublicationYear "2023" @default.
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