EBA launches call for expression of interest for new members of its stakeholders group
07 October 2015
The European Banking Authority (EBA) launched today a call for expression of interest for membership to its Banking Stakeholder Group (BSG), as the mandate for the majority of its members will expire in April 2016. The call for expression of interest is open to candidates representing stakeholders across the European Union. The deadline for application is 15 December 2015.
The BSG is set up, according to Article 37 of the EBA Founding Regulation, to help facilitate dialogue and consultation with stakeholders on the work of the EBA.
It is composed of 30 members, who represent in a balanced way the credit and investment institutions that operate in the EU, their employees' representatives, as well as representatives of users of banking services, consumers and small and medium sized enterprises (SMEs). Moreover, at least five members shall be independent top-ranking academics while ten members shall represent financial institutions, three of whom from cooperative and saving banks. The EBA also ensures a balanced representation of stakeholders in terms of gender and geographical origin across the EU.
The EBA's BSG meets at least four times a year in London and on its own initiative when necessary. The EBA covers accommodation and travelling costs for the following categories of stakeholders: consumers, academics, employees and SMEs' representatives, and users of banking services. Each member of the EBA's BSG serves for a period of two and a half years and individual terms can be renewed once. More information on the BSGs' activities can be found here: www.eba.europa.eu/about-us/organisation/banking-stakeholder-group
The call for expressions of interest for membership to the BSG is open to candidates representing stakeholders across the European Union. The deadline for application is 15 December 2015.
The relevant documents for the application can be found here:
Details on the selection process can be found in the selection procedure document.
The final decision on the composition of the BSG will be taken by the EBA's Board of Supervisors by February 2016. Applicants shall be informed accordingly by the end of February 2016 and the composition of the renewed BSG will be made available on the EBA's website.
The first BSG meeting in the new composition is due to be held in April 2016.