Glossary
What will I find in this section?
In our glossary, you will find a wide range of terms and abbreviations, particularly related to the topics of cash management, financial supervision, financial and monetary system, monetary policy and payment systems – explained briefly and concisely.
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Within the scope of the Single Supervisory Mechanism (SSM), ECB employees and supervisors from member states jointly supervise "significant" banks in joint supervisory teams (JSTs). Such JSTs are headed by an ECB employee, while members from national competent authorities contribute their experience with the bank in question and knowledge of the legal basis and market structures in the country in question.