Bericht
How not to do banking law in the 21st century
The Judgement of the EGC in the Case T-122/15 - Landeskreditbank Baden-Württemberg - Förderbank v European Central Bank is the first statement of the European judiciary on the sub-stantive law of the Banking Union. Beyond its specific holding, the decision is of great importance, because it hints at the methodological approach the EGC will take in interpreting prudential banking regulation in the appeals against supervisory measures that fall in its jurisdiction under TFEU, arts. 256(1) subpara 1 and 263(4). Specifically, the case pertained to the scope of direct ECB oversight of significant banks in the euro area and the reassignment of this competence to national competent authorities (NCAs) in individual circumstances (Single Supervisory Mechanism (SSM) Regulation, art. 6(4) subpara 2; SSM Framework Regulation, arts. 70, 71).
- Language
-
Englisch
- Bibliographic citation
-
Series: SAFE Policy Letter ; No. 56
- Classification
-
Wirtschaft
- Subject
-
Banking Union
ECB
EGC
Landeskreditbank Baden-Württemberg
NCAs
SSM
- Event
-
Geistige Schöpfung
- (who)
-
Tröger, Tobias
- Event
-
Veröffentlichung
- (who)
-
Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe
- (where)
-
Frankfurt a. M.
- (when)
-
2017
- Handle
- URN
-
urn:nbn:de:hebis:30:3-443445
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Tröger, Tobias
- Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe
Time of origin
- 2017
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