Single Supervisory Mechanism

URI: https://gptkb.org/entity/Single_Supervisory_Mechanism
GPTKB entity
Statements (25)
Predicate Object
gptkbp:instanceOf banking supervision framework
gptkbp:appliesTo EU member states opting in
euro area countries
gptkbp:collaboratesWith national competent authorities
gptkbp:component gptkb:European_Banking_Union
gptkbp:establishedBy gptkb:European_Union
gptkb:Regulation_(EU)_No_1024/2013
gptkbp:goal consistent supervision
increase financial integration and stability
ensure safety and soundness of the European banking system
gptkbp:headquartersLocation gptkb:Frankfurt_am_Main
https://www.w3.org/2000/01/rdf-schema#label Single Supervisory Mechanism
gptkbp:officialLanguage English
gptkbp:oversees gptkb:European_Central_Bank
less significant credit institutions (indirectly)
significant credit institutions
gptkbp:partOf gptkb:European_Banking_Union
gptkbp:purpose supervision of credit institutions in the euro area
gptkbp:startDate 2014-11-04
gptkbp:website https://www.bankingsupervision.europa.eu/
gptkbp:bfsParent gptkb:European_Central_Bank_(EU)
gptkb:Eurozone
gptkb:Banking_union
gptkb:European_Central_Bank
gptkbp:bfsLayer 5