European Banking Authority
From ACT Wiki
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.