Danièle Nouy appointed head of ECB supervisory board

EU News 523/2013

COUNCIL OF THE EUROPEAN UNION
Brussels, 16 December 2013
17857/13
(OR. en)
PRESSE 584

The Council today adopted a decision appointing Danièle Nouy as the first-ever chairperson of the supervisory board of the European Central Bank.

The ECB will have direct oversight of eurozone banks under the single supervisory mechanism (SSM) – one of the key elements of Europe's banking union – and will be responsible for the overall functioning of the SSM. It will carry out its supervisory tasks in a differentiated manner, in close cooperation with national supervisory authorities.

Source and additional information:
http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/140113.pdf

16 December 2013 Council, Credit "The Council of the European Union" (C)EU, 2013 URL

• Tweet