Economic governance and EU supervisory bodies

Type: NEWS   Référence: 86079   Durée: 00:02:40   Première transmission: 20/11/2012  Lieu: london
Fin de production: 20/11/2012
EU Economic and Financial Affairs

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00:00:00 Title 00:00:05
00:00:05 European Banking Authority (EBA), London. 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. The EBA has some quite broad competences, including preventing regulatory arbitrage, guaranteeing a level playing field, strengthening international supervisory coordination, promoting supervisory convergence and providing advice to the EU institutions in the areas of banking, payments and e-money regulation as well as on issues related to corporate governance, auditing and financial reporting. Exterior views (3 shots) 00:00:13
00:00:18 Staff at work and meeting (16 shots) 00:00:57
00:01:15 Exterior views of the European Central Bank in Frankfurt, Germany (3 shots) 00:00:41
00:01:56 Mario Draghi, President of the ECB, visits the European Parliament in Brussels (4 shots) 00:00:23
00:02:19 European Insurance and Occupational Pensions Authority (EIOPA), Frankfurt, Germany. EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board. It is an independent advisory body to the European Parliament and the Council of the European Union.EIOPA’s core responsibilities are to support the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries. Exterior view 00:00:04
00:02:23 EIOPA staff at work (4 shots) 00:00:17
00:02:40 END 00:00:00
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