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The european banking authority eba launched today a public consultation to propose revising the guidelines on major incident reporting under the payment service directive psd2.
European banking authority. The european banking authority supervises the banking industry across the european union with the goal of maintaining financial stability the european banking authority eba was established on 1 january 2011 taking over the functions and responsibilities of the committee of european banking supervisors. The proposal aims at optimising and simplifying the reporting process capturing additional relevant security incidents reducing the number of operational incidents that will be reported and improving the. The eba is the eu agency tasked with implementing a standard set of rules to regulate and supervise banking across all eu countries.
The european banking authority eba is an independent authority that works to ensure effective and consistent prudential regulation and supervision across the eu banking sector in december 2017 the eba issued its final report. Recent articles eu confidential 163. New coronavirus concerns mep evelyn regner on gender balance us elections july 30 2020 8 52 pm by cristina gonzalez women meps take aim at male dominated finance posts july 14 2020 9 10 pm by.
In this article about the eba. The european banking authority eba is a regulatory agency of the european union headquartered in paris its activities include conducting stress tests on european banks to increase transparency in the european financial system and identifying weaknesses in banks capital structures. Its aim is to create an efficient transparent and stable single market in eu banking products.
3 minutes to read. European banking authority eu watchdog tells banks to get a grip on costs merge or close london banks in the european union could close branches merge or leave the market to reverse a bleak outlook for profitability the bloc s banking watchdog said on friday. The european banking authority eba is a regulatory body that works to maintain financial stability in the european union s banking industry.
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