Christos V. Gortsos Books

Focusing on the evolution of European central banking law since the late 1990s, this book examines the regulatory framework governing the European Central Bank (ECB) and national central banks within the EU. It offers a detailed analysis of the ECB's expanding responsibilities post-financial crisis, particularly in monetary policy and banking supervision. Additionally, the text addresses the ECB's crucial involvement in resolving credit institutions while noting its constrained role in last-resort lending to banks facing liquidity challenges.

The book offers an in-depth examination of EU banking law and regulation across two volumes. Volume I introduces the significance of banks in the financial system and explores the theory behind banking regulation. It analyzes international financial standards and traces the evolution of EU banking law, detailing the law-making process and key institutions. The impact of the 2007-2009 financial crisis, the euro area fiscal crisis, and the ongoing pandemic on banking standards and regulations is also addressed. Volume II will further delve into the substantive aspects of EU banking law.