Banking supervision glossary

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M

Mediation Panel
A governance structure of the Single Supervisory Mechanism, established by the ECB according to Article 25 of the SSM Regulation, with a view to ensuring separation between monetary policy and supervisory tasks and to resolving differences of views expressed by the competent authorities of participating Member States concerned in cases where the Governing Council objects to a draft decision by the Supervisory Board. The panel includes one member per participating Member State, chosen from among the members of the Governing Council and the Supervisory Board, and decides by simple majority, with each member having one vote. See also
Single Supervisory Mechanism (SSM)