THE EBA AT A GLANCE
HOW DOES THE EBA WORK?
Board of Supervisors
The main decision-making body of the EBA is its Board
of Supervisors (BoS), which brings together the banking
supervisors of the 28 EU Member States. They vote on the
outputs and regulatory deliverables prepared by the EBA
experts, working groups and committees, including rec-
ommendations, opinions and decisions in cases of breach
of EU law, investigations and mediation. The Chairperson
of the EBA, representatives of the Commission, the ESRB,
the ECB, EIOPA and ESMA participate as non-votingmem-
bers. Also, representatives of the Single Resolution Board
(SRB) and supervisors from EEA (European Economic
Area) and EFTA (European Free Trade Area) countries are
invited as observers.
The EBA BoS is responsible for all of the policy decisions
of the EBA and is led by the EBA Chairperson, whereas
the EBA Management Board ensures that the authority
carries out its mission and tasks and the EBA Executive
Director manages the operational work.
Working groups and standing
All of the EBA’s deliverables are typically defined and dis-
cussed in technical working groups and standing commit-
tees, composed of technical experts from the EBA’s staff
and EU supervisory and resolution authorities who provide
their input into the EBA’s work. The EBA also cooperates
with many other institutions and bodies at EU, internation-
al and Member State levels. This is often the case when
dealing with cross-sectoral topics, where the EBA is called
on to work jointly with the other ESAs.
The Resolution Committee (ResCo) is a permanent inter-
nal committee of the EBA set up according to the require-
ments of the BRRD. It deals with decisions related to the
tasks conferred on resolution authorities as prescribed
in the directive. The ResCo is composed of a Chairper-
son and the heads of resolution authorities from 28 EU
Member States. Its meetings are also attended by ob-
servers from resolution authorities of the EEA and EFTA,
as well as representatives of the Commission, the SRB,
the ESRB, the ECB, ESMA and EIOPA.