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Introduction

Angelo Baglioni

Chapter Chapter 1 in The European Banking Union, 2016, pp 1-5 from Palgrave Macmillan

Abstract: Abstract This chapter provides a synthetic overview of the basic motivations behind the European banking union, and of the state of play in the implementation of this ambitious project. The three pillars of the project are the Single Supervisory Mechanism (SSM), the Single Resolution Mechanism (SRM), and the European Deposit Guarantee Scheme (EDGS). Despite the relevant progress made, the implementation of the project is still halfway. The motivation for this book is twofold: (1) describe the new institutional framework and assess its implications for the banking system and (2) provide a critical view of the state of play of the banking union. The Introduction sketches the outline of the book.

Keywords: European Deposit Guarantee Scheme (EDGS); European Banking Union; Single Supervisory Mechanism (SSM); Union Bank; Single Resolution Mechanism (SRM) (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-56314-9_1

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DOI: 10.1057/978-1-137-56314-9_1

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