2016 Deloitte Eurozone Banking Supervision Survey Assessing the state of the Banking Union

The Single Supervisory Mechanism (SSM) is now firmly established within the European Banking Union. Since the SSM opened for business in November 2014, it has continued to grow, both in scope and influence. However, there remains much for the European Central Bank (ECB) and National Supervisory Authorities (NCA) to do to develop and embed the new supervisory approach.