19/10/23 (Agence Europe) – On Thursday 19 October, the Council of the European Union formally appointed the German Claudia Buch, currently Deputy Governor of the Bundesbank, to head the Single Supervisory Mechanism (SSM), the European authority responsible for directly supervising 109 banks as part of the eurozone banking union (see EUROPE B13264A12). Ms Buch will succeed the Italian Andrea Enria for a five-year term starting in January 2024. Ms Buch’s appointment could boost the...