ECB Consults on Draft SSM Framework Regulation

On 7 February 2014, the European Central Bank (ECB) published a consultation paper on a draft of the ECB Single Supervisory Mechanism (SSM) Framework Regulation.

Pursuant to the SSM, from 4 November 2014, the ECB will assume responsibility for the supervision of significant supervised entities (SSEs) Continue reading


SRF Update

The European Parliament published a press release announcing that lead members of the Parliament (MEPs) participated in an intergovernmental meeting on 9 January 2014 to discuss the dangers of the Member States’ position on the Single Resolution Fund (SRF) and to explain alternative models.   Continue reading