CEBS organised a two day policy-level conference as an opening event to the Eurosystem programme ‘Strengthening macro and micro-prudential supervision in EU candidate countries and potential candidate countries with the objective to introduce to senior management supervisors from Albania, Bosnia and Herzegovina, Croatia, Former Yugoslav Republic of Macedonia, Kosovo (under United Nations Security Council Resolution 1244 of 10 June 1999), Montenegro, Serbia and Turkey its activities and address relevant issues in the European financial supervision context.
This conference was a good occasion for policy makers of the eight EU candidates and potential candidates for an open dialogue with CEBS representatives, sharing experience from lessons learnt and getting acquainted with CEBS work, its structure, mandate and role in the EU financial supervision architecture.
The European Banking Authority was established by Regulation (EC) No. 1093/2010 of the European Parliament and of the Council of 24 November 2010. The EBA has officially come into being as of 1 January 2011 and has taken over all existing and ongoing tasks and responsibilities from the Committee of European Banking Supervisors (CEBS). The EBA acts as a hub and spoke network of EU and national bodies safeguarding public values such as the stability of the financial system, the transparency of markets and financial products and the protection of depositors and investors.