EU Banking Law

EU Banking Law encompasses the rules and regulations that govern banks within the European Union. Its primary aim is to ensure financial stability, protect depositors, and promote a safe banking environment. Key elements include capital requirements, which dictate how much money banks must hold in reserve, and consumer protection laws to safeguard clients' rights. The framework also facilitates the supervision of banks by national authorities and European institutions, ensuring that they operate safely and transparently. Overall, EU Banking Law seeks to create a secure and efficient banking system that supports economic growth.