The Regulation for the Single Supervisory Mechanism (Regulation 1024/2013) (SSM Regulation) established the single supervisory mechanism (SSM). The European Commission published its legislative proposal for the SSM Regulation in September 2012 and the Regulation was published in the Official Journal of the EU in October 2013.

This note considers the legislative history of the SSM Regulation and the stages of the process that led to the adoption of the SSM Regulation by the European Parliament and the Council of the EU. The note also considers the EBA Amending Regulation (Regulation 1022/2013), which made amendments to the EBA Regulation (Regulation 1093/2010) required to establish the SSM and which was considered by legislators alongside the SSM Regulation.