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The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in La Défense, Île-de-France. Its activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying weaknesses in banks' capital structures.
To ensure the consistent day-to-day application of Union law within ESMA's remit, ESMA issues and maintains "Guidelines (“GL”), Opinions (“OP”) and Q&As (“Q&As”)". [19] As for the legal basis,the ESMA regulation specifically empowers ESMA to issue and maintain Guidelines and recommendations (Article 16), Opinions (Article 16a), and ...
Download as PDF; Printable version; In other projects ... Free Trade Agreements; ... EBA: Paris (since 2019)
The question of supervising the European banking system arose long before the financial crisis of 2007-2008.Shortly after the creation of the monetary union in 1999, a number of observers and policy-makers warned that the new monetary architecture would be incomplete, and therefore fragile, without at least some coordination of supervisory policies among euro members.
The Euro Banking Association (EBA), also referred by its French acronym ABE-EBA (French: Association bancaire pour l'euro), is a trade association for the European payments industry with close to 200 member banks and organisations from the European Union and around the world aimed at fostering and driving pan-European payment initiatives.
The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the European Supervisory Authorities (ESAs), the European Systemic Risk Board, the Joint Committee of the European Supervisory Authorities, and the national supervisory authorities of EU member states. [1]
Financial Services Authority () . 2008 Stress and scenario testing CP08/24 [7]; 2009 Stress and Scenario Testing Feedback on CP08/24 [8]; Bank of England. Annual industry stress test [9]
To achieve the tasks above, EIOPA was also conferred the powers to develop draft regulatory technical standards and implementing technical standards, to issue guidelines and recommendations, to take individual decisions addressed to competent authorities or financial institutions in the specific cases, develop common methodologies for assessing ...