23 January 2013
The EBA publishes today a report on the risk Assessment of the European Banking System.

This report provides an update on risks and vulnerabilities in the EU banking sector. With this report and that prepared in July 2012, the EBA discharges its responsibility pursuant to Recital 43 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 to monitor and assess market developments and provide information to other EU institutions and the general public.


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.
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