The Journey from EBA through SRB to AMLA: Agencification as a Core Component of Banking Resolution in the European Union and Hungary?

DR. TELEKI BÁLINT, Assistant Lecturer, University of Public Service, (teleki. Ez az e-mail-cím a szpemrobotok elleni védelem alatt áll. Megtekintéséhez engedélyeznie kell a JavaScript használatát.). Supported by the EKOP-24-4-I-93 University Research Scholarship Program of the Ministry for Culture and Innovation from the sour- ce of the National Research, Development and Innovation Fund

Summary

Financial supervision is an area in the European Union that is developing at a very dynam- ic pace. Since the initial supervisory agencies and the emergence of the European Banking Union in the first half of the 2010s, considerable practical experience has been added to the body of knowledge in this area. This article examines the banking resolution and anti-money laundering field through the filter of the administrative trend known as ‘agencification’, in accordance with the EU-level legislation primarily and the Hungarian legislation secondarily. The paper analyses these areas along a developmental arc shaped by practical experience.

Journal of Economic Literature (JEL) codes: F36, G01, G15, H12, P48

Keywords: agencification, ABLV Latvia case, EU Anti-Money Laundering Agency, Europe- an Banking Authority, European Central Bank, Hungarian National Bank, MKB case, Single Resolution Board