European Banking Authority

The European Banking Authority (EBA) is an independent regulator set up by the European Union to ensure that banks across Europe operate safely and transparently. Its main roles include creating rules for banks, assessing risks and vulnerabilities in the banking sector, and promoting consistent banking practices among member states. The EBA aims to maintain financial stability, protect consumers, and foster a well-functioning banking system. By doing so, it helps build trust in the financial system and supports economic growth in the EU.