Who we are
We are part of the system of banking supervision in Europe called the Single Supervisory Mechanism. It comprises us – the European Central Bank – and the national supervisory authorities of the participating countries.
How do we pursue this task?
We are consistent in our supervision and treat all banks equally. We carry out our tasks on this basis. Our work includes on-site inspections, internal models investigations, targeted reviews and authorisation requests.
See our supervisory activitiesWe are stronger by working together
European banking supervision is one of the three pillars of the banking union. The other two pillars are the Single Resolution Mechanism and the European deposit insurance scheme. For a strong financial system and to close the gaps in the resolution framework it is important to complete the banking union.
Discover more about banking unionWe are accountable to you
We are accountable to European and national authorities and to you – the people of Europe. We’re fully committed to complying with the relevant legislation. And to effectively communicating our work.
Read our annual report to learn more about our activitiesWant some more detail?
If you want to know more about who we are and how European banking supervision works, take a look at some of our frequently asked questions.
Check out our frequently asked questionsWant to improve your knowledge of European banking supervision? Check out our quiz on Kahoot!