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In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
Through the implementation of the EMA, it was intended that this agreement would eventually help Europe move towards an overall monetary union. [2] The EMA was a framework arranged to further progress the work of the European Payments Union, which was responsible for the cooperation of exchange of goods and services between countries. [6]
FISMA C - Financial markets; FISMA D - Banking, insurance and financial crime; FISMA E - Financial stability, sanctions and enforcement; In the current legislature period (2019-2024) DG FISMA focuses on the achievement of one of the six top European Commission's political priorities, namely "An economy that works for people". [5]
The global financial crisis of 2008 triggered a series of regulations at EU level in regard to financial services. All of the main post-crisis legislation contain equivalence clauses [ b ] stipulating the need for third countries to have equivalent EU rules (in addition to the need to follow EU rules once operating in the Single Market or doing ...
Britannia, now part of the Co-operative Bank; Cheltenham & Gloucester, savings and branch network now TSB Bank; mortgage and loans books part of Lloyds Bank; Northern Rock, savings and branch network now Virgin Money; mortgage and loans books nationalised by HM Government; The Woolwich, now part of Barclays Bank
A second tranch for "category 2" banks on €1.86n was approved by the Commission on 20 December, [73] and finally transferred by ESM on 5 February 2013. [74] "Category 3" banks were also subject for a possible third tranch in June 2013, in case they failed before then to acquire sufficient additional capital funding from private markets. [75]
List of international banking institutions – List of international and multilateral financial institutions; List of systemically important banks – List of banks deemed systemically important by at least one major regulator; List of largest banks – List of largest banks as measured by market capitalization and total assets on balance sheet