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

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.