The role of the European Central Bank in ensuring the financial stability of the EU
... risks and risks of the banking sector, this Declaration included two specific legal obligations. Firstly, the creation of the Single Supervisory Mechanism (SSM) and the centralized supervision of the banking sector of the Member States of the eurozone with supervisory powers ... ... Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC,...
