.png){kind=logo} Logo until 2023 | |
 Tour Europlaza in La Défense near Paris, seat of the EBA since June 2019 | |
| Agency overview | |
|---|---|
| Formed | 1 January 2011 |
| Preceding agency | |
| Jurisdiction | European Union |
| Headquarters | La Défense Paris, France |
| Employees | 159 (2014)[1] |
| Agency executives |
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| Key document | |
| Website | eba |
| Map | |
  Paris European Banking Authority (European Union) | |
The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in La Défense, Île-de-France. Its activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying weaknesses in banks' capital structures.[2]
The EBA has the power to overrule national regulators if they fail to properly regulate their banks. The EBA is able to prevent regulatory arbitrage and should allow banks to compete fairly throughout the EU. The EBA will prevent a race to the bottom because banks established in jurisdictions with less regulation will no longer be at a competitive advantage compared to banks based in jurisdictions with more regulations as all banks will henceforth have to comply with the higher pan European standard.
- ^ "EBA at glance". European Banking Authority. 31 December 2014. Retrieved 11 February 2016.
- ^ "New European Banking Regulator Will Conduct a Stress Test on Lenders". New York Times. 13 January 2011. Retrieved 1 February 2011.