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Brussels, |
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Banking & Banking Union
To ensure the preservation of bank stability across Europe, the European Union has established a robust bank regulatory framework encompassing various regulations and directives aimed at enhancing financial resilience and oversight.
This framework includes prudential requirements, bank recovery and resolution mechanisms, and deposit guarantee schemes, among others. Moreover, the EU is actively working towards the realization of a Banking Union to further solidify financial stability.
The Banking Union is designed to provide a unified approach to banking supervision, resolution, and deposit insurance across member states, thereby strengthening the ability of European banks to withstand shocks and contributing to the financing of the economy in a more integrated and stable financial environment.
This framework includes prudential requirements, bank recovery and resolution mechanisms, and deposit guarantee schemes, among others. Moreover, the EU is actively working towards the realization of a Banking Union to further solidify financial stability.
The Banking Union is designed to provide a unified approach to banking supervision, resolution, and deposit insurance across member states, thereby strengthening the ability of European banks to withstand shocks and contributing to the financing of the economy in a more integrated and stable financial environment.
