Constâncio sets out ECB's priority tasks in European banking union

constancio

Vítor Constâncio, vice-president of the European Central Bank (ECB), today set out the main immediate tasks of the single supervisory mechanism (SSM), which he said is made necessary by the ‘financial trilemma': the impossibility of having financial stability, financial integration and national financial policies, especially supervision, in an environment with globalised financial markets.

Constâncio said the SSM is "a key component, but it is only one component of the banking union". In

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: