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

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Bibliographic Details
Imprint:	Luxembourg : Publications Office of the European Union, 2014.
Description:	1 online resource (67 pages) : color illustrations
Language:	English
Series:	Special report, 1831-0834 ; no. 05/2014. Special report (European Court of Auditors) ; no. 2014/05.
Subject:	European Banking Authority. 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. Banking law. Banks and banking. Banks and banking, International. Economic stabilization. Financial crises -- Government policy. Europe -- European Union countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/10089631
Related Items:	Print version: European banking supervision taking shape.

Hidden Bibliographic Details
Other authors / contributors:	European Court of Auditors, issuing body.
ISBN:	9789287204882 9287204888
Notes:	"QJ-AB-14-009-EN-C"--Page [4] of cover. Includes bibliographical references. Description based on print version record.
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.
Other form:	Print version: European banking supervision taking shape. Luxembourg : Publications Office of the European Union, 2014 9789287204882

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