The paper is a short survey of the main aspects related to the creation of a European Banking Union, with a focus on the role played by SIFIs – financial institutions that are too interconnected to fail. The ultimate picture is not very encouraging. Even assuming that sovereignty-transfer of supervisory tasks will take place by the end of 2013, three big issues are still unsettled: a) which institution is going to be the manager of banking crisis? b) when a deposit insurance mechanism inside the Eurozone will be effective? c) which type of additional regulatory framework will be defined and implemented with reference to SIFIs?
Lossani, M. A., Baglioni, A. S., Bongini, P. A., Nieri, L., Verso l'Unione Bancaria Europea. Disegno Istituzionale e Problemi Aperti, <<BANCA IMPRESA SOCIETÀ>>, 2012; XXXI (3): 313-332. [doi:DOI: 10.1435/73078] [http://hdl.handle.net/10807/62524]
Verso l'Unione Bancaria Europea. Disegno Istituzionale e Problemi Aperti
Lossani, Marco Angelo;Baglioni, Angelo Stefano;Bongini, Paola Agnese;Nieri, Laura
2012
Abstract
The paper is a short survey of the main aspects related to the creation of a European Banking Union, with a focus on the role played by SIFIs – financial institutions that are too interconnected to fail. The ultimate picture is not very encouraging. Even assuming that sovereignty-transfer of supervisory tasks will take place by the end of 2013, three big issues are still unsettled: a) which institution is going to be the manager of banking crisis? b) when a deposit insurance mechanism inside the Eurozone will be effective? c) which type of additional regulatory framework will be defined and implemented with reference to SIFIs?I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.