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European union's banking diplomacy law: A legal fragment of eu's foreign affairs

  • Luigi Lonardo
  • King's College London

Research output: Contribution to journalReview articlepeer-review

Abstract

This article takes the move from the recognition that the law of EU external relations is fragmentary. EU foreign affairs are conducted through a Common Foreign and Security Policy (CFSP), a Common Commercial Policy, and other competences with external implications. This article is dedicated to one of such competences, whose external side has been hitherto largely underexplored: the monetary policy of Member States whose currency is the Euro. With a view of offering a first assessment of this 'banking diplomacy' law, the article outlines the main legal features of the external aspects of Banking Union (BU) and their interactions with other external relations competences. It does so by following four themes: investment, external representation, prudential supervision, and resolution.

Original languageEnglish
Pages (from-to)23-40
Number of pages18
JournalEuropean Foreign Affairs Review
Volume25
Issue number1
DOIs
Publication statusPublished - Mar 2020
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  2. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • Banking Law
  • Banking Union
  • Diplomacy
  • European Union
  • External Relations Law
  • Investment Law
  • Single Resolution Mechanism
  • Single Supervisory Mechanism

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