Erscheinung:25.04.2014 ECB publishes SSM Framework Regulation
The European Central Bank (ECB) has today published the SSM Framework Regulation for the Single Supervisory Mechanism (SSM). The SSM Framework Regulation lays the basis for the work of the SSM when it takes over the direct supervision of significant euro area banks in November 2014.
The identification of significant banks will take place according to criteria set out in the SSM Council Regulation and further developed in the SSM Framework Regulation. The result of this process is due to be announced in September.
