Single Supervisory Mechanism
E82771
The Single Supervisory Mechanism is the European banking supervision framework under the European Central Bank that directly oversees significant banks in participating EU countries to ensure the safety and stability of the banking system.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Single Supervisory Mechanism canonical | 15 |
| Single Supervisory Mechanism Regulation | 3 |
| ECB Banking Supervision line management | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
banking supervision framework
ⓘ
pillar of the European Banking Union ⓘ |
| administeredBy | European Central Bank ⓘ |
| aimsTo |
break the bank-sovereign nexus
ⓘ
harmonise banking supervision in the euro area ⓘ |
| appliesTo |
euro area member states
ⓘ
non-euro EU member states that choose to participate ⓘ |
| cameIntoForce | 2014-11-04 ⓘ |
| canImpose |
administrative sanctions on supervised entities
ⓘ
prudential requirements on banks ⓘ |
| canPerform |
on-site inspections
ⓘ
stress tests ⓘ supervisory reviews ⓘ |
| cooperatesWith | national competent authorities of participating member states ⓘ |
| coversSector | banking sector ⓘ |
| establishedBy | European Union ⓘ |
| geographicalArea | participating EU member states ⓘ |
| governedByBody | Supervisory Board of the European Central Bank ⓘ |
| headquarteredIn | Frankfurt am Main ⓘ |
| implementedBy |
European Central Bank
ⓘ
national competent authorities ⓘ |
| introducedFollowing | European sovereign debt crisis ⓘ |
| keyComponent |
direct ECB supervision of significant banks
ⓘ
indirect ECB oversight of national competent authorities ⓘ |
| languageOfOperation | English ⓘ |
| legalBasis |
Council Regulation (EU) No 1024/2013
ⓘ
Council Regulation (EU) No 1024/2013 ⓘ
surface form:
Regulation (EU) No 1022/2013
|
| monitoredBy |
European Court of Auditors
ⓘ
surface form:
European Court of Auditors (in certain aspects)
|
| objective |
ensure consistent supervision of banks in participating states
ⓘ
ensure safety and soundness of the European banking system ⓘ increase financial stability in the EU ⓘ |
| overseesIndirectly | less significant credit institutions ⓘ |
| partOf |
European System of Financial Supervision
ⓘ
surface form:
European Banking Union
|
| relatedTo |
European Deposit Insurance Scheme (proposed)
ⓘ
Single Resolution Board ⓘ
surface form:
Single Resolution Mechanism
|
| reportsTo | Governing Council of the European Central Bank ⓘ |
| scopeIncludes |
assessment of bank capital adequacy
ⓘ
assessment of bank liquidity ⓘ assessment of bank risk management ⓘ prudential supervision of banks ⓘ |
| shortName | SSM ⓘ |
| supervises | significant credit institutions ⓘ |
| supervisoryThresholdCriterion |
importance for the economy of the EU or a member state
ⓘ
significant cross-border activities ⓘ size of bank assets ⓘ |
| usesInstrument |
ECB supervisory decisions
ⓘ
Joint Supervisory Teams ⓘ |
| usesSupervisoryModel | single system of financial supervision ⓘ |
| website | https://www.bankingsupervision.europa.eu ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Single Supervisory Mechanism Description of subject: The Single Supervisory Mechanism is the European banking supervision framework under the European Central Bank that directly oversees significant banks in participating EU countries to ensure the safety and stability of the banking system.
Referenced by (19)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Single Supervisory Mechanism Regulation
Supervisory Board of the European Central Bank
→
operatesWithinFramework
→
Single Supervisory Mechanism
ⓘ
this entity surface form:
Single Supervisory Mechanism Regulation
subject surface form:
European Deposit Insurance Scheme
this entity surface form:
Single Supervisory Mechanism Regulation
this entity surface form:
ECB Banking Supervision line management
subject surface form:
European Banking Authority