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This book examines the developing use of agencies in EU legislation, focusing specifically on the Banking Union, and the three European Financial Market Supervisory Authorities (ESAs) which in comparison to other agencies possess unprecedented powers. By exploring how these agencies work in the supervision of the banking sector, the securities sector and the insurance and occupational pensions sector, Paul Weismann asks whether the aggregation of new powers by European agencies has led to competencies moving from the Member State level to the EU level.
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