European Supervisory Authority and European Systemic Risk Board: Difference between pages

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imported>Doug Williamson
(Amend single market to 'internal' market.)
 
imported>Doug Williamson
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(ESA).
''European Union (EU)''


There are three European Supervisory Authorities:
(ESRB).
#The European Banking Authority (EBA)
#The European Securities and Markets Authority (ESMA)
#The European Insurance and Occupational Pensions Authority (EIOPA)


The purpose of the ESAs is to support the efficient functioning of the European internal market by harmonising the regulation and supervision of financial markets in each member state.
The European Systemic Risk Board is responsible for the macroprudential oversight of the EU financial system and the prevention and mitigation of systemic risk.  




Individual supervisory authorities remain in charge of supervising individual financial institutions in their respective jurisdictions.
==See also==
 
 
== See also ==
* [[Bank of England]]
* [[Bank supervision]]
* [[Basel III]]
* [[European Banking Authority]]
* [[European Central Bank]]
* [[European Central Bank]]
* [[European Insurance and Occupational Pensions Authority]]
* [[European Securities and Markets Authority]]
* [[European System of Financial Supervision]]
* [[European System of Financial Supervision]]
* [[Euro zone]]
* [[European Union]]
* [[Federal Reserve System]]
* [[Macroprudential]]
* [[Financial Services Authority]]
* [[Systemic risk]]
* [[Financial Conduct Authority]]
* [[Home supervisor]]
* [[Host supervisor]]
* [[Internal Market]]
* [[Prudential Regulation Authority]]
* [[Supervisory college]]

Revision as of 09:58, 3 January 2018

European Union (EU)

(ESRB).

The European Systemic Risk Board is responsible for the macroprudential oversight of the EU financial system and the prevention and mitigation of systemic risk.


See also