What Is The Ssm Framework Regulation And Why Is It Necessary? To Whom

1.	What Is The Ssm Framework Regulation And Why Is It Necessary? To Whom Does It Apply?
Answer» The SSM Framework Regulation SETS out the LEGAL structure for cooperation with national supervisors, also known as national competent authorities (NCAs), within the Single Supervisory Mechanism (SSM). It GOVERNS relations between the ECB and national supervisors and includes rules that apply directly to BANKS. The SSM Framework Regulation sets out the legal structure for cooperation with national supervisors, also known as national competent authorities (NCAs), within the Single Supervisory Mechanism (SSM). It governs relations between the ECB and national supervisors and includes rules that apply directly to banks.

What Is The Ssm Framework Regulation And Why Is It Necessary? To Whom Does It Apply?

Answer»

The SSM Framework Regulation SETS out the LEGAL structure for cooperation with national supervisors, also known as national competent authorities (NCAs), within the Single Supervisory Mechanism (SSM). It GOVERNS relations between the ECB and national supervisors and includes rules that apply directly to BANKS.

The SSM Framework Regulation sets out the legal structure for cooperation with national supervisors, also known as national competent authorities (NCAs), within the Single Supervisory Mechanism (SSM). It governs relations between the ECB and national supervisors and includes rules that apply directly to banks.

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