London-based pan-European supervisory authority created from the Committee of European Banking Supervisors at the beginning of 2011 with certain powers to issue instructions also to national supervisory authorities. – Roughly speaking, the EBA lays down rules to be implemented by the national supervisory authorities. Contrary to popular belief, however, supervision of individual institutions remains a matter for national supervisors. – See deterrence, prudential, investor protection, supervision, European, BaFin levy, Banana Skins Survey, banking supervision, European, credit default swap linkages, harmonization, Octopus, offshore financial centers, Peter Rule, regulatory arbitrage, regulatory frenzy, Straitjakking, stress test, subsidiarity principle. Overregulation, supervision, European. – Annual Report 2009 of the Deutsche Bundesbank, p. 101 f. (tasks of the new authority), Monthly Report of the Deutsche Bundesbank of September 2011, p. 71 ff. (structure; areas of responsibility, interaction with other bodies), p. 95 (scheme of cooperation between EBAS and EU Commission), Annual Report 2011 of BaFin, pp. 77 f. (Organization of the EBA; Committees: SCOP, SCREPOL, SCARA and SCFI), p. 155: Financial needs of German institutions), BaFin Annual Report 2012, p. 136 f. (Recapitalization survey of the EBA. Very high recapitalization needs), Deutsche Bundesbank Monthly Report of July 2013, p. 27 f. (Position of the EBA in the Banking Union).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/