The Board of Supervisors is the main decision-making body of the European Banking Authority.
The main role of the Board of Supervisors is to take all policy decisions of the EBA, such as adopting draft technical standards, guidelines, opinions and reports. The Board of Supervisors also takes the final decision on the EBA's budget.
It is composed of the EBA's Chairperson, and of the 27 national supervisory authorities, where applicable accompanied by a representative of the national central bank, with Observers from the European Commission (EC), the European Systemic Risk Board (ESRB), the European Central Bank (ECB), the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pension Authority (EIOPA). The Members of the Board of Supervisors shall act independently and in the Union's interest.