The European Banking Authority (EBA) has updated its list of other systemically important institutions to support financial stability and effective regulation within the EU.
The European Banking Authority (EBA) is an independent EU authority responsible for safeguarding the integrity and stability of the EU banking sector.
To promote financial stability, the EBA develops harmonised rules for financial institutions, encourages convergence of supervisory practices, and monitors the impact of financial innovation and the transition to sustainable finance.
The EBA monitors and analyzes risks and vulnerabilities relevant to the regulation of banks and investment firms. It also facilitates information sharing among authorities through supervisory reporting and data disclosure.
The EBA emphasizes effective communication with stakeholders through publications, announcements, and participation in external events to report on policies, activities, and initiatives.
