Joint Supervisory Teams

E386348

Joint Supervisory Teams are cross-border supervisory groups composed of staff from the European Central Bank and national competent authorities that oversee significant banks within the euro area under the Single Supervisory Mechanism.

All labels observed (1)

Label Occurrences
Joint Supervisory Teams canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Single Supervisory Mechanism component
organizational structure
supervisory body
aimsTo enhance information sharing between ECB and national supervisors
ensure consistent application of supervisory rules
reduce supervisory fragmentation in the euro area
appliesTo banks classified as significant under SSM criteria
cross‑border banking groups headquartered in the euro area
basedOnLegalFramework Council Regulation (EU) No 1024/2013
SSM
surface form: SSM Framework Regulation

Single Supervisory Mechanism
surface form: Single Supervisory Mechanism Regulation
compositionIncludes JST coordinator
staff from national competent authorities
staff from the European Central Bank
sub‑coordinators or workstream leaders
cooperatesWith national competent authorities outside the euro area when relevant
other ECB horizontal and specialist functions
createdBy European Central Bank
createdUnderAuthorityOf Governing Council of the European Central Bank
Supervisory Board of the European Central Bank
hasAffiliation European Central Bank
national competent authorities of euro area member states
hasCharacteristic centralised coordination by the ECB
cross‑border composition
decentralised execution through national competent authorities
hasPurpose contributing to the safety and soundness of the European banking system
ensuring consistent supervisory standards across the euro area
prudential supervision of significant banks
hasRole coordination of on‑site inspections and off‑site supervision
day‑to‑day supervision of assigned significant institutions
implementation of supervisory examination programmes
ongoing dialogue with supervised institutions
preparation of supervisory decisions
risk assessment of supervised banks
operatesInJurisdiction euro area
partOf European banking supervision framework
Single Supervisory Mechanism
relatedTo European Banking Authority guidelines
European System of Financial Supervision
reportsTo Single Supervisory Mechanism
surface form: ECB Banking Supervision line management

Supervisory Board of the European Central Bank
surface form: ECB Supervisory Board
startedOperation 2014
subjectTo ECB internal governance and procedures
supervises cross‑border banking groups in the euro area
significant credit institutions
significant institutions
usesMethodology SSM Supervisory Review and Evaluation Process
risk‑based supervision approach

How these facts were elicited

Referenced by (2)

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

Single Supervisory Mechanism usesInstrument Joint Supervisory Teams
SSM uses Joint Supervisory Teams
subject surface form: Single Supervisory Mechanism