General Board of the European Systemic Risk Board
E473822
The General Board of the European Systemic Risk Board is the ESRB’s main decision-making body responsible for overseeing macroprudential supervision and issuing warnings and recommendations to safeguard financial stability in the European Union.
All labels observed (2)
| Label | Occurrences |
|---|---|
| General Board of the European Systemic Risk Board canonical | 2 |
| European Systemic Risk Board General Board | 1 |
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
decision-making body
ⓘ
governing body ⓘ |
| aim | prevention and mitigation of systemic risks to financial stability in the European Union ⓘ |
| canAddressRecommendationsTo |
European Supervisory Authorities
NERFINISHED
ⓘ
European Union as a whole NERFINISHED ⓘ one or more EU Member States ⓘ |
| canAddressWarningsTo |
European Supervisory Authorities
NERFINISHED
ⓘ
European Union as a whole ⓘ one or more EU Member States ⓘ |
| canIssue |
policy recommendations
ⓘ
risk warnings ⓘ |
| chair | President of the European Central Bank NERFINISHED ⓘ |
| cooperatesWith |
European Central Bank
NERFINISHED
ⓘ
European Supervisory Authorities NERFINISHED ⓘ national macroprudential authorities of EU Member States ⓘ |
| decisionMakingRule |
simple majority for most decisions
ⓘ
two-thirds majority for certain decisions ⓘ |
| establishedBy | Regulation (EU) No 1092/2010 ⓘ |
| hostInstitution | European Central Bank NERFINISHED ⓘ |
| includesMember |
Chair of the European Banking Authority
NERFINISHED
ⓘ
Chair of the European Insurance and Occupational Pensions Authority NERFINISHED ⓘ Chair of the European Securities and Markets Authority ⓘ governors of the national central banks of EU Member States ⓘ one representative of the European Commission ⓘ representatives of national supervisory authorities ⓘ |
| jurisdiction | European Union ⓘ |
| languageOfWork | English ⓘ |
| locatedIn | Frankfurt am Main ⓘ |
| meetsAtLeast | four times a year ⓘ |
| oversees | systemic risk monitoring in the European Union ⓘ |
| parentOrganization | European Systemic Risk Board NERFINISHED ⓘ |
| partOf | European Systemic Risk Board NERFINISHED ⓘ |
| policyArea |
financial stability
ⓘ
macroprudential policy ⓘ |
| responsibility |
identifying systemic risks to financial stability in the European Union
ⓘ
issuing recommendations to safeguard financial stability ⓘ issuing warnings to address systemic risks ⓘ macroprudential oversight of the EU financial system ⓘ overseeing macroprudential supervision in the European Union ⓘ |
| role | main decision-making body of the European Systemic Risk Board ⓘ |
| shortName | ESRB General Board NERFINISHED ⓘ |
| supportedBy |
Advisory Scientific Committee of the ESRB
NERFINISHED
ⓘ
Advisory Technical Committee of the ESRB NERFINISHED ⓘ |
| usesPrinciple | act or explain mechanism for recommendations ⓘ |
| viceChair | Vice-President of the European Central Bank ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Steering Committee (European Systemic Risk Board)
subject surface form:
Steering Committee (European Systemic Risk Board)
this entity surface form:
European Systemic Risk Board General Board