Irish deputy lays out arguments for banking union and SSM

The Central Bank of Ireland

The deputy governor of the Central Bank of Ireland, Stefan Gerlach, yesterday (January 21) laid out his arguments on why a banking union is important for any monetary union to function well, and why it is natural to locate a single supervisory mechanism (SSM) with, or at least "close to" the central bank in such a union.

Explaining the need for an SSM, Gerlach highlighted that putting distance between the regulator and the banks it regulates "can help improve the capacity for challenge and

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:

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: