Agencies in European Banking by Marta Božina Beroš

Author:Marta Božina Beroš
Language: eng
Format: epub, pdf
Publisher: Springer International Publishing, Cham

CEBS

EBA

Regulation

Purely advisory function

Issues non-binding guidelines and recommendations

Drafts technical standards which become an EU regulation directly applicable in MS when adopted by the Commission

Supervision

Participates in a number of supervisory colleges on a voluntary basis

Right to participate in all supervisory colleges and to put topics on the agenda

Mediation role in the event of disagreement between NCAs

Consumer protection

No responsibilities

Promotes transparency, simplicity and fairness in the market for consumer financial products or services in EU

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