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EU banking union

Alternative labels (en):
In scheme: Broader: Related: Definition (en):

EU-level banking supervision and resolution system that consists of an integrated financial framework with a single rulebook, a single supervisory mechanism, common deposit protection and a single bank resolution mechanism. Source: European Commission. Available at https://ec.europa.eu/info/business-economy-euro/banking-and-finance/banking-union (Accessed: 13/10/2016)