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Regulation (EU) No 1093/2010 of the European Parliament and of the CouncilShow full title
Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC
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- Revised 01/01/20200.75 MB
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- Revised 20/03/20140.99 MB
- Revised 30/10/20130.99 MB
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Article 54Establishment
1.The Joint Committee of the European Supervisory Authorities is hereby established.
2.The Joint Committee shall serve as a forum in which the Authority shall cooperate regularly and closely and ensure cross-sectoral consistency with the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority), in particular regarding:
financial conglomerates,
accounting and auditing,
micro-prudential analyses of cross-sectoral developments, risks and vulnerabilities for financial stability,
retail investment products,
measures combating money laundering, and
information exchange with the ESRB and developing the relationship between the ESRB and the ESAs.
3.The Joint Committee shall have a dedicated staff provided by the ESAs that shall act as a secretariat. The Authority shall contribute adequate resources to administrative, infrastructure and operational expenses.
4.In the event that a financial institution reaches across different sectors, the Joint Committee shall resolve disagreements in accordance with Article 56.
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