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Europe Daily Bulletin No. 10920

13 September 2013
EUROPEAN PARLIAMENT PLENARY / (ae) banking
EP endorses single bank supervision mechanism

Brussels, 12/09/2013 (Agence Europe) - On Thursday 12 September, the European Parliament (EP) endorsed a political agreement on draft legislation to introduce a single bank supervision system in the eurozone under the aegis of the European Central Bank in the autumn of 2014, which will change the way that the European Banking Authority (EBA) functions (see EUROPE 10810).

The bank supervision system is the first arm of banking union, work on which began in June 2012 at a eurozone summit. The...

Contents

ECONOMY - FINANCE
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
SOCIAL AFFAIRS