By Raphaël MORENON
5 May 2025
The European banking landscape has been profoundly reshaped in recent years, particularly since the financial crises that have shaken the global economy. At the heart of this transformation is the Banking Union, an ambitious project aimed at strengthening the solidity of banks and harmonising their supervision within the eurozone and its partner countries. The cornerstone is the Single Supervisory Mechanism (SSM). It establishes a centralised supervisory system entrusted mainly to the European Central Bank (ECB). Understanding its role and how it works has become essential for economic players interacting with the European banking sector. What is the Single Supervisory Mechanism (SSM)? The SSM cannot be dissociated from the broader initiative of European Banking Union. Its main objective is to ensure the safety and soundness of credit institutions and, by extension, the stability...
EN 
FR