European Banking Union

Part of the Oxford EU Financial Regulation Series, this work analyses the implications of the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM) for banks in Europe, and the second edition reflects the experience in practice of this regime both economically and legally. The new edition provides reflection on the efficacy and problems with the central banking regulatory regime. There are new chapters on fit and proper testing under the SSM and deposit guarantee schemes. A further additional chapter considers the impact of the Bank Resolution and Recovery Directive (BRRD) and its interaction with the SRM by detailed analysis of relevant case law. Whist offering insightful updates to existing chapters on the Single Rulebook, CRD IV, the SSM and the SRM, the second edition also includes brand new chapters covering a range of subjects. Unique to the second edition, experienced scholars and practitioners explore The Deposit Guarantee Scheme, fit and proper testing within the SMM, BRRD and SRB in practice. This book benefits from the contributions of a team of leading scholars and practitioners who present a range of perspectives and methodologies. Case studies and in depth-analysis is presented to highlight topics such as supervised credit institutions, implications for financial market governance, and risk management and compliance. European Banking Union (second edition) is the ultimate companion for academics, legal practitioners, financial supervisors, and policy makers.

1 - The Economic Consequences of Europe's Banking Union
2 - Effectiveness, Impact and Future Challenges
3 - Judicial Protection of Supervised Credit Institutions in the European Banking Union
4 - The Single Supervisory Mechanism: Institutional Aspects
5 - The Single Rulebook and the SSM: Regulatory Polycentrism and Supervisory Centralization
6 - CRD IV Framework for Bank's Corporate Governance
7 - Fit and Proper Assessments Within the Single Supervisory Mechanism
8 - The EU Framework Dealing with Non-Performing Exposures: Legal and Economic Analysis
9 - Governance of the Single Resolution Mechanism
10 - Recovery and Resolution Plans in the Context of the BRRD and the SRM: Some Fundamental Issues
11 - Bail-in and the Financing of Resolution Within the SRM Framework
12 - Bank Resolution in Practice: Analysis of Early European Cases
13 - The Architecture of the BRRD - A UK Perspective
14 - European Deposit Insurance System (EDIS): cornerstone of the Banking Union or dead end?
15 - Doom Loop or Incomplete Union: Sovereign and Banking Risk
16 - Bank Resolution in Europe: The Unfinished Agenda of Structural Reform
17 - Supervision of Financial Conglomerates in the European Banking Union

Professor Danny Busch holds the Chair for Financial Law at Radboud University, Nijmegen, where he is also the Director of the Institute for Financial Law. He has published extensively, many of those publications written in English, including with OUP. He is a Research Fellow of Harris Manchester College and a Fellow of the Commercial Law Centre, University of Oxford. Guido Ferrarini is Emeritus Professor of Business Law and Capital Markets Law at the University of Genoa, Department of Law, and Director of the Centre for Law and Finance. He holds a J. D. (University of Genoa, 1972), an LL.M. (Yale Law School, 1978) and a Dr. jur. (h.c., Ghent University, 2009). He is founder and fellow of the European Corporate Governance Institute (ECGI), Brussels.