What is the banking union
The banking union ensures that EU banks are stronger and better supervised.
Single supervisory mechanism
The SSM gives the European Central Bank certain supervisory powers over the EU financial system.
Single resolution mechanism
The single resolution mechanism (SRM) is a central institution for bank resolution in the EU, and one of the main components of the banking union.
European deposit insurance scheme
A proposed scheme to protect retail deposits in the banking union.
Sovereign bond-backed securities (SBBS)
The EU is working to remove unjustified regulatory impediments to the development of SBBS.