The Banking Union, launched in 2012, is one of the EU’s most ambitious projects of the past decade. It reshaped the banking sector by empowering the European Central Bank as the chief supervisor and establishing the Single Resolution Board to manage failing banks. Crucially, EU institutions work in tandem with National Competent Authorities and national resolution authorities, forming a cooperative network. This book examines the Banking Union through a comprehensive, multidimensional lens. Unlike other studies that focus narrowly on its three pillars—supervision, resolution, and the incomplete deposit guarantee scheme—it highlights how these pillars interconnect and share common legal challenges. By traversing these dimensions, the book reveals how the Banking Union functions as a whole, offering fresh insights into familiar issues. Ultimately, this approach uncovers how six distinct dimensions collectively strengthen the Union’s framework and contribute to its stability and effectiveness.
Bauerschmidt, J., D’Ambrosio, R., Fromage, D., Jaros, D., & Weismann, P. (2026). Introduction: EU Banking Union: Law, Institutions, and Co-operation. In Jonathan Bauerschmidt, Raffaele D’Ambrosio, Diane Fromage, Daniela Jaros, Paul Weismann (ed.), EU Banking Union: Law, Institutions, and Co-operation (pp. 1-9). Oxford University Press. https://doi.org/10.1093/9780198949756.003.0001