Opinion
En cours (updated on 21/06/2022)
Référence:
ECO/590-EESC-2022-02042Referral:
COM(2021) 742 final Rapporteur:
Session plénière:
573 -
Oct 26, 2022 Oct 27, 2022
The EESC welcomes the implementation of the remaining elements of the international standards agreed by the Basel Committee for Banking Supervision, from the perspective of both timing and substance, as they are meant to enhance the stability of the financial market in the EU, and thus not to expose European citizens to increased financial market risks. The EESC also stresses that financial market stability is a crucial prerequisite for overall economic stability, whereas the sound regulation and surveillance of the banking sector is essential in order to prevent the threat of turbulences and crisis.