Single Supervisory Mechanism
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Physicist from London with special interest in Quantum Mechanics
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ECONOMICS
Banking Regulation
Single Supervisory Mechanism
The Single Supervisory Mechanism centralizes euro area bank supervision under the ECB to enhance financial stability
17 Jan 2026
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What is the primary purpose of the Single Supervisory Mechanism within the euro area?
To set monetary policy for the euro area countries
To ensure the safety and soundness of banks through centralized supervision by the ECB
To provide direct financial assistance to failing banks without oversight
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