ARTICLE
2 April 2013

EU Council Publishes Proposals For Banking Union

DB
De Brauw Blackstone Westbroek N.V.

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De Brauw Blackstone Westbroek is a leading international law firm, trusted by clients for over 150 years due to its deep engagement with their businesses and a clear understanding of their ambitions. While rooted in Dutch society, the firm offers global coverage through its network of top-tier law firms, ensuring seamless, tailored legal solutions. De Brauw’s independence enables it to choose the best partners while remaining a trusted, strategic advisor to clients worldwide.

The firm emphasizes long-term investment in both its client relationships and its people. De Brauw’s legal training institutes, De Brauwerij and The Brewery, cultivate diverse talent, preparing the next generation of top-tier lawyers through rigorous training and personal development. Senior leadership traditionally rises from within, maintaining the firm’s high standards and collaborative culture.

The EU Council published its proposals for a Single Supervisory Mechanism for banks in the Eurozone last month.
European Union Finance and Banking

The EU Council published its proposals for a Single Supervisory Mechanism (SSM) for banks in the Eurozone last month. The SSM is the first pillar of the European Banking Union and grants the ECB direct supervisory powers with respect to the most significant banks in Eurozone countries, as well as with regard to smaller Eurozone banks. We have already sent a legal alert to our clients about this. The legal alert can also be downloaded from our website.

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