European Banking Authority (EBA) - (Decentralised Agencies)
Target group
Government
Type of funding
No direct funding
Project type
Networking, Dissemination
Area
International Cooperation
Info last updated 10 months ago
Summary
The EBA is the EU agency tasked with implementing a standard set of rules to regulate and supervise banking across all EU countries
Budget
Not Applicable
Official information source
https://european-union.europa.eu/institutions-law-budget/institutions-and-bo...Description
Decentralised Agencies
Decentralised agencies contribute to the implementation of EU policies. They also support cooperation between the EU and national governments by pooling technical and specialist expertise from both the EU institutions and national authorities. Decentralised agencies are set up for an indefinite period and are located across the EU.
European Banking Authority (EBA)
Overview
- Role: to build a single regulatory and supervisory framework for the entire EU banking sector
- Chairperson: José Manuel Campa
- Executive Director: François-Louis Michaud
- Set up: 2011
- Staff: 208
- Location: Paris (France)
- Website: EBA
The EBA is the EU agency tasked with implementing a standard set of rules to regulate and supervise banking across all EU countries. Its aim is to create an efficient, transparent and stable single market in EU banking products.
What it does
- provides input into the creation of a single, standard set of rules for EU banking – the Single Rulebook
- provides centralised disclosure of supervisory data on EU banks (to increase transparency, market discipline and financial stability across the EU)
- promotes cooperation between national authorities on supervising banking groups that operate in more than 1 country, and mediates disputes involving more than 1 country
- promotes a transparent, simple and fair EU market for consumers of financial products and services, and ensures all consumers are treated fairly and protected across the EU
Who benefits
- EU institutions
- businesses and consumers in the banking sector
- the broader EU economy
Further information
Contact
European Banking Authority
Website: https://www.eba.europa.eu/
Email: info@eba.europa.eu
Postal address: Tour Europlaza, 20 Avenue André-Prothin, 92400 Courbevoie, France
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