Examples of European Banking Union in a sentence
The European Summit in July 2012 proposed to create a European Banking Union, which will involve a common supervision by the ECB; a common deposit insurance; and a common resolution authority.
The Danish Government supports inclusion in a European Banking Union, as long as it can be harmonized with the Danish Euro opt-out and there is a guarantee that the Danish mortgage finance system will be allowed to continue in its present form.
NEW APPLICANTS must meet all Vendor Contract Compliance requirements listed above AND must submit a copy of your NJSTART registration confirmation containing your “V” number, along with your Pool Attorney or Expert application forms, directly to the regional Public Defender’s Office for which you plan to provide services.
Although a single supervisory mechanism and the European Banking Authority are present (Angeloni 2015) as well as various initiatives such as the European Banking Union have been targeted for years, the structure of the German market differs from Europe (Goddard et al.
To mitigate spillovers from changes in the regulation of sovereign debt exposures, exclusion of some sovereign debt exposures from regulatory changes and long transition periods might be applied.The establishment of the European Banking Union is another key reform package to reduce the ‘sovereign-bank nexus’ by cutting the link from bank risk to sovereign risk (Strauch, 2019).
This CA is a statement of intent to consult, cooperate, and exchange information in connection with the implementation of Resolution of Firms in the United States and in the European Banking Union in a manner consistent with and permitted by the laws and requirements that govern the Authorities.
Article III of the Plan provides the same treatment to each Claim or Interest in any particular Class, as the case may be, unless the Holder of a particular Claim or Interest has agreed to a less favorable treatment with respect to such Claim or Interest.
Where possible and feasible, the Authorities should implement Resolution options that are consistent with their respective resolution objectives, in particular aimed at pursuing financial stability and protecting insured depositors, insurance policy holders and other retail customers, duly considering the potential impact of their Resolution actions on the financial stability of the United States and the European Banking Union.
From the perspective of the regulatory reform of major economies, the Federal Reserve and the Federal Deposit Insurance Corporation are jointly responsible for the treatment of systemic risks in the US; the Bank of England is responsible for dealing with financial crises and formulating financial institution treatment strategies in the UK; The EU established the European Banking Union to integrate banking regulation, treatment and the deposit insurance system.
To ensure a more orderly and unified approach, the European Council decided in 2012 to set up a European Banking Union consisting of three pillars: 1.