Another name for European banking supervision, which has been based at the ECB since 2014. – The term “supervisory mechanism” has been criticized by linguists as inappropriate and incorrect because of the word element “mechanism.” For in German, “mechanism” is widely understood to mean a coherent whole of technical components in which the movement of one part necessarily, automatically causes the movement of other parts, as especially in a machine. However, in English “mechanism” is also very broadly understood as “process by which something is done” and as “regulary manner of acting to achieve an end”. – See acataphasia, analyst rating, anglicisms, stock market language, democracy deficit, financial language, jargon, subsidiarity principle, intelligibility. – Cf. BaFin Annual Report 2013, pp. 82 ff. (introducing the SSM).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/