TY - UNPD A1 - Krahnen, Jan Pieter T1 - A big bang for banking in Europe T2 - SAFE policy letter series ; 16 N2 - This policy letter provides an overview of the strengths, weaknesses, risks and opportunities of the upcoming comprehensive risk assessment, a euro area-wide evaluation of bank balance sheets and business models. If carried out properly, the 2014 comprehensive assessment will lead the euro area into a new era of banking supervision. Policy makers in euro area countries are now under severe pressure to define a credible backstop framework for banks. This framework, as the author argues, needs to be a broad, quasi-European system of mutually reinforcing backstops. T3 - SAFE policy letter - 16 KW - comprehensive assessment KW - banking supervision KW - euro area Y1 - 2013 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/33634 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-336345 PB - SAFE CY - Frankfurt am Main ER -