Founding texts and scope of action

EBA regulation and institutional framework

EBA regulation - original

EBA regulation - 2013 Amendment

EBA regulation- consolidated version

EBA Opinion on ESAs review

Other documents:

Scope of action of the EBA

According to article 1(2) of the founding Regulation of the EBA, as amended, the EBA shall act within the powers conferred by the Regulation and within the scope of the following legislative texts:

Also, to the extent that those acts apply to credit and financial institutions and the competent authorities that supervise them, the EBA will also act within the relevant parts of the following directives:

  • Directive 2005/60/EC (4th MLD or third Money Laundering Directive) - link to the original text where there are links to any amending acts and any available consolidated versions
  • Directive 2002/65/EC (DMD or Distance Marketing Directive) - link to the original text where there are links to any amending acts and any available consolidated versions
  • Directive 2007/64/EC (PSD1 or Payment Services Directive) - link to the original text where there are links to any amending acts and any available consolidated versions
  • Directive (EU) 2015/2366 (PSD2 or Payment Services Directive)
  • Directive 2014/92/EU of the European Parliament and of the Council of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features Text with EEA relevance
  • Directive 2009/110/EC (E-money directive) - link to the original text where there are links to any amending acts and any available consolidated versions
  • Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010 Text with EEA relevance
  • Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 Text with EEA relevance
  • Directive 2014/65/EU of the European Parliament and of the council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II)
  • Regulation (EU) No 600/2014 of the European Parliament and of the council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (MiFIR)

Further, the EBA shall also act within the scope of all directives, regulations and decisions based on those acts, and of any further legally binding Union act which confers tasks on the Authority.

Finally, the Authority shall also act in the field of activities of credit institutions, financial conglomerates, investment firms, payment institutions and e-money institutions in relation to issues not directly covered in the acts referred to above, including matters of corporate governance, auditing and financial reporting, provided that such actions by the Authority are necessary to ensure the effective and consistent application of those acts.