The EBA has a mandate to assist competent authorities in resolving disputes and disagreements related to supervision and resolution of cross-border banks. Thus, as well as using mediation skills themselves, supervisors may also ask the EBA to mediate in their disputes. One of the tasks of the EBA is to provide an environment where competent authorities can solve their disagreements. To enable the EBA to execute this task, its founding regulation lays down two separate procedures to help the competent authorities to overcome disputes: binding mediation and non-binding mediation.
The disagreement can be about anything, but the main topics the EBA has dealt with so far are joint decisions, such as on capital requirements, liquidity, recovery and resolution planning, and supervisory measures.