The Single Supervisory Mechanism (SSM): Costs and Financing

14-10-2015

The ECB is responsible for the effective and consistent functioning of the SSM and oversees the system. The costs of the ECB supervisory tasks are covered by levying an annual fee on all supervised banks. The fee is calculated according to the bank's importance and its risk profile.

The ECB is responsible for the effective and consistent functioning of the SSM and oversees the system. The costs of the ECB supervisory tasks are covered by levying an annual fee on all supervised banks. The fee is calculated according to the bank's importance and its risk profile.