Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
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Regulation (EU) No 1092/2010 is the EU legislative act that established the European Systemic Risk Board and the framework for macro-prudential oversight to prevent and mitigate systemic risks to the Union’s financial system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system canonical | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
EU legislative act
ⓘ
European Union regulation ⓘ |
| adoptedBy |
Council of the European Union
NERFINISHED
ⓘ
European Parliament NERFINISHED ⓘ |
| aimsTo |
mitigate systemic risks to the financial system in the European Union
ⓘ
prevent systemic risks to the financial system in the European Union ⓘ |
| appliesTo |
Member States of the European Union
NERFINISHED
ⓘ
financial institutions in the European Union ⓘ |
| assignsSupportRoleTo | European Central Bank in providing analytical, statistical, administrative and logistical support to the ESRB ⓘ |
| category |
EU banking and finance legislation
ⓘ
EU financial services law ⓘ |
| complements | Regulations establishing the European Supervisory Authorities NERFINISHED ⓘ |
| concerns | macro-prudential supervision at the level of the financial system as a whole ⓘ |
| contains |
provisions on confidentiality of information used for macro-prudential oversight
ⓘ
provisions on reporting and accountability of the ESRB ⓘ |
| createsFrameworkFor | macro-prudential oversight of the financial system in the European Union ⓘ |
| defines |
composition of the European Systemic Risk Board
ⓘ
governance structure of the European Systemic Risk Board ⓘ mandate of the European Systemic Risk Board ⓘ tasks of the European Systemic Risk Board ⓘ |
| distinguishesFrom | micro-prudential supervision of individual financial institutions ⓘ |
| establishes | European Systemic Risk Board NERFINISHED ⓘ |
| establishesRoleOf | European Systemic Risk Board in macro-prudential oversight NERFINISHED ⓘ |
| fullTitle | Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system and establishing a European Systemic Risk Board NERFINISHED ⓘ |
| geographicalJurisdiction | European Union NERFINISHED ⓘ |
| introducesPrinciple | act or explain for addressees of ESRB recommendations ⓘ |
| language | all official languages of the European Union ⓘ |
| legalBasis | Treaty on the Functioning of the European Union ⓘ |
| legalForm | regulation ⓘ |
| linkedTo | European System of Financial Supervision NERFINISHED ⓘ |
| objective |
contribute to the smooth functioning of the internal market
ⓘ
ensure a sustainable contribution of the financial sector to economic growth ⓘ |
| policyArea |
financial regulation
ⓘ
financial stability ⓘ macro-prudential oversight ⓘ |
| providesFor |
collection and exchange of information relevant for macro-prudential oversight
ⓘ
follow-up mechanisms for warnings and recommendations ⓘ issuance of recommendations by the European Systemic Risk Board ⓘ issuance of risk warnings by the European Systemic Risk Board ⓘ |
| relatedInstitution |
European Banking Authority
NERFINISHED
ⓘ
European Central Bank NERFINISHED ⓘ European Insurance and Occupational Pensions Authority NERFINISHED ⓘ European Securities and Markets Authority NERFINISHED ⓘ |
| requires |
Member States and EU institutions to act on ESRB recommendations or explain in case of non-compliance
NERFINISHED
ⓘ
cooperation between the ESRB, European Supervisory Authorities and national authorities ⓘ |
| scope | financial system of the European Union ⓘ |
| shortTitle | ESRB Regulation NERFINISHED ⓘ |
| subjectMatter |
establishment of a European body responsible for systemic risk oversight
ⓘ
macro-prudential oversight of the financial system in the Union ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Steering Committee
→
legalBasis
→
Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
ⓘ
subject surface form:
Steering Committee (European Systemic Risk Board)