Differences in Covid‐Related Regulatory Forbearance Within and Outside the Banking Union – The Case of East‐Central European EU Member States
分析了八个东中欧欧盟成员国在新冠疫情中银行监管宽容措施的差异，发现银行联盟内措施更统一但仍有差异，联盟外国家的预期部分得到验证。
Abstract This article analyses the practice of Covid‐related bank regulatory forbearance measures of eight East‐Central European Union member states from the perspective of differentiated integration. In line with the integration‐deepening nature of the Single Supervisory Mechanism, our expectation was that countries within the Banking Union (BU) would impose harmonized forbearance measures, while non‐BU members would use more discretional measures. Indeed, the practice of forbearance measures is significantly more harmonized within the BU than outside; however, there were also notable differences in the practice of BU members. For non‐BU member states, our expectation was that countries with the intention of favouring their domestic financial system would ease regulatory requirements more, while those that wanted to place the burden of the pandemic on foreign banks would ease these requirements less. However, the analysis only partially confirmed this expectation.