The non-contractual liability of the Authorities composing the Single Supervisory Mechanism

1.The non-Contractual Liability of Supervisory Authorities: an open dispute Over the last three decades, especially after the outbreak of the financial crisis in 2007, bank failures in different EU Member States have increasingly led to liability claims being directed against supervisory authorities for alleged negligence or improper conduct in exercising their supervisory tasks over credit [...]

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