Regulatory Alerts2023-01-01
Opinion of the European Banking Authority on the 2023 Discharge Report of the European Parliament
The European Banking Authority issued this opinion to formally respond to the European Parliament's observations regarding the 2023 budget discharge. The Authority welcomes the Parliament's decision to grant discharge to its Executive Director and acknowledges the discharge process as a vital mechanism for evaluating performance and ensuring accountability. While most general observations were deemed not applicable, the EBA specifically addressed the need for adequate resources to fulfill new legislative mandates, noting that its request for additional staffing was not supported in the Commission's draft budget.
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