|Author (Person)||Smits, René|
|Author (Corporate)||European Parliament: DG Internal Policies|
|Publisher||European Parliament: European Parliamentary Research Service (EPRS)|
|Series Title||EPRS Studies|
|Series Details||PE 645.726|
|Publication Date||April 2020|
|Content Type||Research Paper|
This paper sets out recommendations for enhancing the accountability arrangements in respect of the European Central Bank and the Single Resolution Board within the confines of the presently applicable legal provisions. It recommends enhancing transparency, as a precondition for accountability.
Other recommendations are that the European Parliament consider engaging the ECB and the SRB in an in-depth thematic dialogue on substantive issues of a long-term relevance, and that the European Parliament expresses an interest in how accountable and responsive the ECB and the SRB are to criticism and how they approach their internal decision-making.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Banking Union|
|Keywords||European Central Bank [ECB], Single Resolution Mechanism (SRM)
|International Organisations||European Union [EU]|