M ads Andenas and Gudula Deipenbrock , More Risks than Achievements?.- Part I The European System of Financial Supervision as Originally Introduced from the Institutional Perspective - Selected Aspects from the European, Comparative Law and Economic View: Gudula Deipenbrock , The European Securities and Markets Authority and its Regulatory Mission - A Plea for Steering a Middle Course.- Trude Myklebust , Form and Function of the ESRB: A Critical Analysis.- Iris Chiu , Power and Accountability in the EU Financial Regulatory Architecture - Examining Inter-agency Relations, Agency Independence and Accountability.- Georgina Tsagas , The Regulatory Powers of the European Supervisory Authorities - Constitutional, Political and Functional Considerations.- Federico Della Negra , The Effects of the ESMA's Powers on Domestic Contract Law.- Giuseppe Bianco , Strengths and Weaknesses of the ESMA-SEC Supervisory Cooperation.- María Jesús Muñoz-Torres and Juana María Rivera-Lirio , Sustainability Impact Assessment in ESAs.- Kern Alexander , Selected Aspects of International Regulation and Policy - Reforming International Financial Regulation along Macro-prudential Lines.- Régis Bismuth , The Federalisation of Financial Supervision in the US and the EU - A Historical-Comparative Perspective.- Part II The European Central Bank and Banking Supervision from the Institutional Perspective - Selected Aspects Covering the Legal and Economic View: Kern Alexander , The ECB and Banking Supervision - Does Single Supervisory Mechanism Provide an Effective Regulatory Framework?.- Christos V. Gortsos , The Role of the European Banking Authority (EBA) After the Establishment of the Single Supervisory Mechanism (SSM).- Raffaele D'Ambrosio , The Single Supervisory Mechanism (SSM) - Selected Institutional Aspects and Liability Issues.- Maren Heidemann and Dania Thomas , Judicial Review in the Eurozone - The Court System as Regulator? The Case of the Sovereign Debt Crisis.- Jan Dalhuisen , The Management of Systemic Risk from a Legal Perspective.- Andreas Horsch , Regulating SIFIs in the European Union - A Primer from an Economic Point of View.- Jacob Kleinow , Loss-Absorbing Capacity - The Last Remedy for European SIFI Regulation?.