National Options and Discretions (NODs) in EU Banking Regulation - Overview, SSM Action and Possible Next Steps

This briefing gives an overview of existing National options and discretions (NODs) in EU banking regulation, takes stock of the action undertaken by the Single Supervisory Mechanism so far to harmonize them - notably the publication on 24 March 2016 of an ECB Regulation and an ECB guide on options and discretions - and points to possible next steps. This briefing is regularly updated.