European Systemic Risk Board (before Brexit-related changes)

E19904

EU body macroprudential authority systemic risk oversight body

The European Systemic Risk Board (before Brexit-related changes) was the EU-level body responsible for macroprudential oversight and monitoring of systemic risks to financial stability across the European Union.

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Observed surface forms (1)

Surface form	Occurrences
European Systemic Risk Board	4

Statements (56)

Predicate	Object
instanceOf	EU body ⓘ macroprudential authority ⓘ systemic risk oversight body ⓘ
aim	to avoid episodes of widespread financial distress ⓘ to ensure a sustainable contribution of the financial sector to economic growth ⓘ to prevent and mitigate systemic risks to financial stability in the EU ⓘ
becameOperational	2011 ⓘ
chair	President of the European Central Bank ⓘ
cooperatesWith	European Banking Authority ⓘ European Insurance and Occupational Pensions Authority ⓘ European Securities and Markets Authority ⓘ national macroprudential authorities of EU member states ⓘ
decisionMakingBody	General Board ⓘ
establishedBy	Regulation (EU) No 1092/2010 ⓘ surface form: Regulation (EU) No 1092/2010 of the European Parliament and of the Council
founded	2010 ⓘ
hasBody	Advisory Scientific Committee ⓘ Advisory Technical Committee ⓘ General Board ⓘ Steering Committee ⓘ
hostInstitution	European Central Bank ⓘ
jurisdiction	European Union ⓘ
legalBasis	Regulation (EU) No 1092/2010 ⓘ
locatedIn	Frankfurt am Main ⓘ
nonVotingMembersInclude	President of the Economic and Financial Committee ⓘ President of the Economic and Financial Committee (EU) sub-committee on the ESRB ⓘ representative of the European Economic Area countries ⓘ representatives of national supervisory authorities ⓘ representatives of the European Supervisory Authorities ⓘ
partOf	European System of Financial Supervision ⓘ
publishes	annual reports ⓘ occasional papers and reports on systemic risk ⓘ recommendations on macroprudential policy measures ⓘ warnings on systemic risks ⓘ
reportsTo	Council of the European Union ⓘ European Commission ⓘ European Council ⓘ European Parliament ⓘ
responsibility	collecting and analyzing macroprudential and financial data ⓘ contributing to the smooth functioning of the internal market ⓘ coordinating macroprudential policies among EU member states ⓘ identifying and prioritizing systemic risks ⓘ issuing recommendations for remedial action ⓘ issuing warnings on systemic risks ⓘ macroprudential oversight of the financial system within the European Union ⓘ monitoring and assessing systemic risks in the EU financial system ⓘ prevention and mitigation of systemic risks to financial stability in the EU ⓘ
scope	all financial sectors and markets in the European Union ⓘ banks, insurance companies, financial markets and other financial institutions in the EU ⓘ
secretariatProvidedBy	European Central Bank ⓘ
shortName	ESRB ⓘ
tool	risk dashboard for monitoring systemic risks ⓘ
triggeredBy	global financial crisis of 2007–2008 ⓘ
votingMembersInclude	President of the European Central Bank ⓘ General Council of the European Central Bank ⓘ surface form: Vice-President of the European Central Bank governors of the national central banks of EU member states ⓘ one representative of the European Commission ⓘ

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Union financial regulators → coordinateWith → European Systemic Risk Board (before Brexit-related changes) ⓘ

this entity surface form: European Systemic Risk Board

European Banking Authority → coordinatesWith → European Systemic Risk Board (before Brexit-related changes) ⓘ

this entity surface form: European Systemic Risk Board

Rhine-Main metropolitan region → hasEuropeanCentralInstitution → European Systemic Risk Board (before Brexit-related changes) ⓘ

this entity surface form: European Systemic Risk Board

Bank of England → memberOf → European Systemic Risk Board (before Brexit-related changes) ⓘ

European Insurance and Occupational Pensions Authority → worksWith → European Systemic Risk Board (before Brexit-related changes) ⓘ

this entity surface form: European Systemic Risk Board