Monetary policy and banking supervision

Sylvester Eijffinger, Rob Nijskens, 19 December 2012



Assigning the task of banking supervision to the ECB raises questions regarding the relationship between its primary mandate, monetary policy, and the newly attributed supervisory powers. A serious concern is that monetary policy runs the risk of no longer being independent.

Topics: EU institutions, Monetary policy
Tags: ECB. banking supervision

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