The integrated administration of EU banking supervision : assessing its legitimacy
Title: The integrated administration of EU banking supervision : assessing its legitimacy
Author: NIKITA, Vasiliki
Citation: Florence : European University Institute, 2016
Series/Number: EUI LLM theses; Department of Law
The thesis assesses the developments and the current state of law in the area of EU banking supervision so as to assess its weaknesses and strengths. By arguing that the SSM constitutes an integrated administration of banking supervision in the European Union, we examine the influence of legitimacy’s normative standards on the institutional architecture of the Single Supervisory Mechanism, and, conversely, the ‘spillover effect’ of the design of the Single Supervisory Mechanism on its legitimacy. The thesis is structured by reference to the normative criteria of legitimacy. The output element of legitimacy introduces a performance criterion under which the delegated decision-making can be assessed. The input element of legitimacy is concerned with the accountability mechanisms that hold the SSM’s decision-making accountable.
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