The EBA has submitted its
comments regarding the Monitoring Board’s Consultative Report on the Review of the IFRS Foundation’s Governance.
The list of all comment letters the EBA (and its predecessor CEBS) submitted with regard to the accounting-related issues can be accessed
here.
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.