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The European Central Bank, Institutional Aspects : International Banking and Finance Law Series, Vol 5 - R. Smits

The European Central Bank, Institutional Aspects

International Banking and Finance Law Series, Vol 5

By: R. Smits

Hardcover Published: March 1997
ISBN: 9789041106865
Number Of Pages: 658

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The impending establishment of the European Central Bank (ECB) brings a dramatic transition: the introduction of a single European Community (EC) currency.The European Central Bank describes and analyses, from the perspective of the General Counsel of the Dutch Central Bank, the objectives and tasks entrusted to the ECB and the instruments with which the ECB has been endowed in order to carry out its responsibilities.In the context of this discussion of the institutional features of the ECB, the author:describes the structure of the European System of Central Banks (ESCB), of which the ECB is the nucleus; emphasises how the future European monetary authority is firmly rooted in the legal framework of European Community law; focuses on the institutional arrangements set out in the Treaty establishing the European Community (EC Treaty) and their effect on ECB practical functions; analyses the consequences of a monetary split between members of the monetary union and States remaining outside; and proposes solutions to the difficulties which such a division may entail for the functioning of the European Community. The structuring of EC monetary authority as a part of a community based on respect for the law forms a constant theme throughout The European Central Bank. This work's critical, in-depth analysis; its thought provoking conclusions and summaries of problematic issues; and its clear, grounded structure all make it a particularly useful, scholarly examination of an important development in European and international law.

List of Abbreviations
Preliminariesp. 1
Introductionp. 3
EMU Provisions: A General Introductionp. 37
Internal Aspectsp. 149
Objectives and Tasks, to be Pursued in Independencep. 151
Monetary Policy, Payment Systems Oversight and Their Instrumentsp. 223
Banking Supervision and Its Instrumentsp. 319
External Aspectsp. 365
External Policies of EMUp. 367
Exchange Rate Arrangement within the Communityp. 455
Findingsp. 485
Conclusionsp. 487
Bibliographyp. 521
Table and Index of Cases in chronological orderp. 539
Table of Cases in alphabetical orderp. 543
Indexp. 545
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9789041106865
ISBN-10: 9041106863
Series: International Banking and Finance Law Series, Vol 5
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 658
Published: March 1997
Country of Publication: NL
Dimensions (cm): 25.4 x 16.51  x 2.54
Weight (kg): 1.0