Netherlands:
Council Approves Banking Supervision By The ECB
18 November 2013
De Brauw Blackstone Westbroek N.V.
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The European Central Bank will start directly supervising 150 of
the Eurozone's largest banks and be closely involved in the
supervision of other banks from September 2014.
The Council of the European Union, in October, adopted the legislative package creating this European
Single Supervisory Mechanism. The legislative procedure has now
been completed and the relevant regulations are expected to be
published shortly.
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To The Point: Financial Regulation | 03/2024
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