Monti, GiorgioPetit, Christy Ann2016-09-152016-09-152016-05http://hdl.handle.net/10230/27288This paper analyses the principal legal challenges posed by the current Banking Union apparatus. It focuses on the legal basis for Banking Union, the powers of the various agencies and regulators and the problems that arise from their interaction, and the difficult relationship between Euro-area and the internal market. It outlines legislative changes to address the problems of the SSM framework.application/pdfengThis is an Open Access article distributed under the terms of the Creative Commons Attribution License Creative Commons Attribution 4.0 International, which permits unrestricted use, distribution and reproduction in any medium provided that the original work is properlyattributed.info:eu-repo/semantics/workingPaperBanking unionSingle Supervisory MechanismEuropean Banking AuthorityEMUinfo:eu-repo/semantics/openAccess