TY  - UNPD
A1  - Tröger, Tobias
T1  - How not to do banking law in the 21st century : the Judgement of the European General Court (EGC) in the Case T-122/15 – Landeskreditbank Baden-Württemberg ‒ Förderbank v Euro-pean Central Bank (ECB)
T2  - SAFE policy letter series ; 56
N2  - The Judgement of the EGC in the Case T-122/15 – Landeskreditbank Baden-Württemberg - Förderbank v European Central Bank is the first statement of the European judiciary on the sub-stantive law of the Banking Union. Beyond its specific holding, the decision is of great importance, because it hints at the methodological approach the EGC will take in interpreting prudential banking regulation in the appeals against supervisory measures that fall in its jurisdiction under TFEU, arts. 256(1) subpara 1 and 263(4). Specifically, the case pertained to the scope of direct ECB oversight of significant banks in the euro area and the reassignment of this competence to national competent authorities (NCAs) in individual circumstances (Single Supervisory Mechanism (SSM) Regulation, art. 6(4) subpara 2; SSM Framework Regulation, arts. 70, 71).
T3  - SAFE policy letter - 56 
KW  - Banking Union
KW  - ECB
KW  - EGC
KW  - Landeskreditbank Baden-Württemberg
KW  - NCAs
KW  - SSM
Y1  - 2017
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/44344
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-443445
UR  - http://safe-frankfurt.de/policy-center/policy-publications/policy-publ-detailsview/publicationname/how-not-to-do-banking-law-in-the-21st-century.html
VL  - 2017
IS  - Juni 21, 2017
PB  - SAFE
CY  - Frankfurt am Main
ER  -