European system of financial supervision

European system of financial supervision

The EU has introduced a specific supervisory architecture, consisting of three European supervisory authorities and a board to monitor systemic risks

Supplementary supervision of financial conglomerates

Supplementary supervision of financial conglomerates

The EU requires supplementary supervision for financial conglomerates, in addition to sectorial supervision.

Financial supervision of shadow banking

Financial supervision of shadow banking

The EU aims to address the systemic risks and improve transparency in the shadow banking sector.

Anti-money laundering and counter terrorist financing

Anti-money laundering and counter terrorist financing

The EU has laws in place to combat money laundering and the financing of terrorism.