Regulatory Alerts2023-06-13
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European Banking Authority Factsheet
The document outlines the structure, tasks, and powers of the European Banking Authority (EBA), the EU authority responsible for creating a harmonized Single Rulebook for the banking sector. It details the EBA's role in developing binding technical standards, guidelines, and recommendations to ensure uniform regulation and depositor protection across Member States. The text describes the governance framework, including the Board of Supervisors, Standing Committees, and the Management Board, while noting the EBA's seat in Paris and its establishment in 2011.
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