European Banking Authority Regulations

Its activities include conducting stress tests on european banks to increase transparency in the european financial system and identifying weaknesses in banks capital structures.

European banking authority regulations. According to article 1 2 of the founding regulation of the eba as amended the eba shall act within the powers conferred by the regulation and within the scope of the following legislative texts. The european banking authority is a regulatory agency of the european union headquartered in paris. Implementing basel iii in europe. The eba is able to prevent regulatory arbitrage and should allow banks to compete fairly throughout the eu.

The overarching goal of the so called basel iii agreement and its implementing act in europe the so called crd iv package is to strengthen the resilience of the eu banking sector so it would be better placed to absorb economic shocks while ensuring that banks continue to finance economic activity and growth. Regulation eu no 1093 2010 of the european parliament and of the council of 24 november 2010 establishing a european supervisory authority european banking authority amending decision no 716 2009 ec and repealing commission decision 2009 78 ec.