European Banking Authority

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European Union (EU).


The EBA's responsibilities include:

  • Ensuring effective and consistent prudential regulation and supervision across the European banking sector.
  • Maintaining financial stability in the EU.
  • Safeguarding the integrity, efficiency and orderly functioning of the banking sector.
  • Contributing to the creation of a European Single Rulebook in banking whose objective is to provide a single set of harmonised prudential rules for financial institutions throughout the EU.
  • Promoting convergence of supervisory practices.
  • Assessing risks and vulnerabilities in the EU banking sector.

The European Banking Authority was established in 2011 as the successor to the former Committee of European Banking Supervisors.

See also

External link