Page 38 - 2013.2802_Web1

Version HTML de base

E U R O P E A N B A N K I N G A U T H O R I T Y
36
3.4.5. External coordination
The EBA has engaged in regular contacts with
third countries’ regulatory and supervisory
authorities, think-tanks and international fi-
nancial standard setters.
The EBA has been participating in the Euro­
pean Commission’s financial markets regulatory
dialogues, including dialogues with the United
States, Russia, Japan, Switzerland and Brazil.
The EBA has also been cooperating closely
with Croatia, which will join the EU in July
2013, as well as with the European Economic
Area countries (Iceland, Liechtenstein and
Norway) and Switzerland. Representatives of
the EEA countries and Croatia are invited to
the EBA Board of Supervisors’ meetings as
observers, are included in the contact list for
receiving discussed documents and are also
part of selected EBA groups and institutional
substructures.
The EBA has been directly involved in work of
several international bodies. It has been par-
ticipating as an observer at the meetings of
the Basel Committee on Banking Supervision,
some of its substructures (the Policy Develop-
ment Group and the Standards Implementa-
tion Group) and, since 2012, also at the meet-
ings of the Group of Governors and Heads of
Supervision, the oversight body of the Com-
mittee. The EBA has also been participating
in some of the work streams of the Financial
Stability Board, including its Data Gaps Im-
plementation Group and its Cross-Border
Crisis Management Group. In the context of
co­operation with the International Monetary
Fund, the EBA was subject to the IMF´s EU-
wide financial sector assessment programme
in 2012 and has also held bilateral dialogues,
including in relation to conducting stress
tests. Furthermore, the EBA has held bilat-
eral supervisory discussions with the Federal
Reserve Bank of New York, the Swiss Finma,
Turkey, the United Arab Emirates, Hong Kong
and the Chinese authorities.