European system of financial supervision

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

Supplementary supervision of financial conglomerates

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

Financial supervision of shadow banking

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

Supervisory data collection

Supervision of the EU financial system relies on data that is timely, relevant and of high quality.