Research Catalog

European banking supervision taking shape : EBA and its changing context : (pursuant to Article 287(4), second subparagraph, TFEU)

Title
European banking supervision taking shape : EBA and its changing context : (pursuant to Article 287(4), second subparagraph, TFEU) / European Court of Auditors.
Publication
Luxembourg : Publications Office of the European Union, 2014.

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TextUse in library KJE2188 .E87 2014q OversizeOff-site

Details

Additional Authors
European Court of Auditors.
Description
67 pages : colored illustrations; 30 cm.
Summary
"In the aftermath of the financial crisis, the Commission took steps to stabilise the banking sector by seeking to strengthen the regulatory and supervisory framework, and by setting up the European Banking Authority (EBA). The Court's first audit in this area assessed whether the Commission and EBA had satisfactorily carried out their responsibilities in setting up the new arrangements for the regulation and supervision of the banking sector and considered what lessons could be learned for banking supervision under the new Single Supervisory Mechanism. The Court concluded that the Commission's actions, including the creation of EBA, were important first steps in response to the financial crisis. However, there were some shortcomings identified in the functioning of new arrangements in respect of cross-border banking supervision, the assessment of the resilience of EU banks and promotion of consumer protection for which the Court makes recommendations."-- Page [4] of cover.
Series Statement
Special report, 1831-0834 ; no. 05/2014
Uniform Title
Special report (European Court of Auditors) ; no. 2014/05.
Subject
  • European Banking Authority
  • Banking law > European Union countries
  • Banks and banking > European Union countries
  • Banks and banking, International
  • Economic stabilization > European Union countries
  • Financial crises > Government policy > European Union countries
  • Banques internationales
  • Stabilisation économique > Pays de l'Union européenne
  • Autorité bancaire européenne
  • Rapports
  • Protection du consommateur
  • Banques
  • Politique bancaire
  • Activité bancaire
  • Systèmes bancaires
  • Contrôle bancaire
  • banking policy
  • EU policy
  • banking
  • banking system
  • banking supervision
  • bank
  • consumer protection
  • report
  • Banking law
  • Banks and banking
  • Economic stabilization
  • Financial crises > Government policy
  • European Union countries
Note
  • QJ-AB-14-009-EN-C"--Page [4] of cover.
Bibliography (note)
  • Includes bibliographical references.
Additional Formats (note)
  • Also available on the Internet.
Contents
Executive summary -- Introduction. Commission initiatives since 2008; Recent developments in the establishment of a banking union -- Audit scope and approach -- Observations. Regulatory reform: The Commission responded with a broad regulatory agenda for the banking sector and EBA contributed through its development of the technical standards and guidelines; Supervisory reform: EBA has contributed to cross-border supervision but challenges remain; Supervisory reform: role of EBA in stress tests; Supervisory reform: consumer protection and key management systems have yet to be developed; Supervisory reform: EBA's changing role -- Conclusions and recommendations -- Reply of the Commission -- Reply of the European Banking Authority.
ISBN
  • 9789287204882
  • 9287204888
OCLC
  • ocn884811364
  • 884811364
  • SCSB-1786990
Owning Institutions
Princeton University Library