EU Banking Union. Do it right, not hastily!

Author (Corporate)
Series Title
Series Details September 2013
Publication Date September 2013
ISSN 1612-0272
Content Type

Banking Union – comprising a single rule book, supra-national supervision, a pan-European resolution regime and fund, and more harmonised deposit guarantee schemes – would help to preserve the single market for financial services, which shows signs of fragmentation, and to provide greater stability to the European Monetary Union. This ambitious project, which is designed to create a stable, trust-inspiring framework for Europe’s financial markets, cannot – and should not – be rushed. It is more important to (finally) get it right than to deliver quick results.

Source Link Link to Main Source https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000444489/EU_Banking_Union%3A_Right_idea%2C_poor_execution.pdf
Related Links
ESO: Background information: Euro blueprint maps way to banking union http://www.europeansources.info/record/euro-blueprint-maps-way-to-banking-union/

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