Journal of
Italian
Banking
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Archive » December 2012 » Banking Union, crisis resolution and deposit protection schemes

Banking Union, crisis resolution and deposit protection schemes

Enrico Bernardi
December 2012 - n°12
Jel codes: G01, G21, G28

The Banking Union aims to design a single banking supervision mechanism to prevent banking crises or, when a crisis occurs, to avoid it becomes systemic. The pillars of the Banking Union are: a single rulebook for financial institutions in the European market, the strengthening of deposit guarantee schemes, and the establishing of national resolution funds and legislation

 

 

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