European Banking Union

Second Edition

Edited by Danny Busch and Guido Ferrarini

Oxford EU Financial Regulation

New edition of a successful work focussing on the legal and economic impact of the EU central banking regulatory regime
Includes insights from leading scholars and practitioners from across Europe providing a range of theoretical and practical perspectives
Part of the prestigious Oxford EU Financial Regulation Series

New to this Edition:

Includes new chapters on fit and proper testing under the SSM, deposit guarantee schemes, and the BRRD and SRB in practice Considers developments from a UK perspective in relation to Brexit

European Banking Union

Second Edition

Edited by Danny Busch and Guido Ferrarini

Oxford EU Financial Regulation

Description

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.

European Banking Union

Second Edition

Edited by Danny Busch and Guido Ferrarini

Oxford EU Financial Regulation

I GENERAL ASPECTS
1:The Economic Consequences of Europe's Banking Union, Nicolas Véron
2:Effectiveness, Impact and Future Challenges, Kern Alexander
3:Judicial Protection of Supervised Credit Institutions in the European Banking Union, Tomas Arons
II SINGLE SUPERVISION AND CRD IV
4:The Single Supervisory Mechanism: Institutional Aspects, Eddy Wymeersch
5:The Single Rulebook and the SSM: Regulatory Polycentrism and Supervisory Centralization, Guido Ferrarini & Fabio Recine
6:CRD IV Framework for Bank's Corporate Governance, Peter Mülbert & Alexander Wilhelm
7:Fit and Proper Assessments Within the Single Supervisory Mechanism, Danny Busch & Annick Teubner
8:The EU Framework Dealing with Non-Performing Exposures: Legal and Economic Analysis, Emilios Avgouleas
III SINGLE RESOLUTION AND THE BRRD
9:Governance of the Single Resolution Mechanism, Danny Busch
10:Recovery and Resolution Plans in the Context of the BRRD and the SRM: Some Fundamental Issues, Victor de Serière
11:Bail-in and the Financing of Resolution Within the SRM Framework, Anna Gardella
12:Bank Resolution in Practice: Analysis of Early European Cases, Guido Ferrarini & Alberto Musso Piantelli
13:The Architecture of the BRRD - A UK Perspective, Simon Gleeson
IV THE EUROPEAN DEPOSIT INSURANCE SYSTEM AND POLICY PERSPECTIVES
14:European Deposit Insurance System (EDIS): cornerstone of the Banking Union or dead end?, Veerle Colaert
15:Doom Loop or Incomplete Union: Sovereign and Banking Risk, Giorgio Barba Navaretti, Giacomo Calzolari, José Manuel Mansilla-Fernández, Alberto Franco Pozzolo
16:Bank Resolution in Europe: The Unfinished Agenda of Structural Reform, Jeffrey Gordon & Wolf-Georg Ringe
17:Supervision of Financial Conglomerates in the European Banking Union, Arthur van den Hurk & Michele Siri

European Banking Union

Second Edition

Edited by Danny Busch and Guido Ferrarini

Oxford EU Financial Regulation

Author Information

Edited by Danny Busch, Professor of Financial Law, Radboud University, Nijmegen, and Guido Ferrarini, Professor of Business Law, University of Genoa

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.

Contributors:

Danny Busch
Guido Ferrarini
Nicolas Véron
Kern Alexander
Eddy Wymeersch
Michele Siri
Arthur van den Hurk
Fabio Recine
Emilios Avgouleas
Peter Mülbert
Alexander Wilhelm
Annick Teubner
Giorgio Barba Navaretti
Giacomo Calzolari
Alberto Pozzolo
Victor de Serière
Anna Gardella
Alberto Musso Piantelli
Simon Gleeson
Veerle Colaert
Tomas Arons
Jeffrey Gordon
Wolf-Georg Ringe

European Banking Union

Second Edition

Edited by Danny Busch and Guido Ferrarini

Oxford EU Financial Regulation

Reviews and Awards

"[T]he handbook in its revised second edition provides a detailed and comprehensive state-of-the-art overview of the institutional, legal and policy implications of the European Banking Union. It includes a tables of cases and of legislation as well as a very detailed index, all of which are extremely practical and helpful for any reader. This second-edition-handbook continues to be a piece of reference and is highly recommended to anybody working, researching or simply being interested in the remarkable development of European integration that is the 'European Banking Union'." - Dr Karl-Philipp Wojcik, EU Law Live