European Banking Authority: Difference between revisions
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The EBA's responsibilities include: | The EBA's responsibilities include: | ||
*Establishing common rules for all banking institutions in the EU | *Establishing common rules for all banking institutions in the EU. | ||
*Ensuring that individual banking supervisors understand and apply these common rules in a consistent and harmonised way | *Ensuring that individual banking supervisors understand and apply these common rules in a consistent and harmonised way. | ||
*Strengthening the oversight of international banking groups operating in more than one EU member state | *Strengthening the oversight of international banking groups operating in more than one EU member state. | ||
Revision as of 09:48, 3 August 2016
European Union (EU).
(EBA).
The EBA's responsibilities include:
- Establishing common rules for all banking institutions in the EU.
- Ensuring that individual banking supervisors understand and apply these common rules in a consistent and harmonised way.
- Strengthening the oversight of international banking groups operating in more than one EU member state.
The European Banking Authority is the successor to the former Committee of European Banking Supervisors.