This report discusses the European Central Bank’s initial activities in the process of unifying its licensing and supervision of banking institutions within the eurozone, under the Single
Supervisory Mechanism (SSM) and sets out the policy recommendations of the Centre’s Task Force. Among the topics are the regulatory framework, resolution and deposit insurance, explaining the
diversity in the banking population in the European Union, a micro-assessment of the European Union banking sector’s soundness, common definitions for supervisory reporting and data processing,
the third ignored pillar: harmonized deposit guarantee schemes, the supervisory disclosure. Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)
