EBA signs memorandum of cooperation with SEE Supervisors

EBA signs memorandum of cooperation with South Eastern European Supervisors

London, 23 October, 2015

The European Banking Authority (EBA) signing a memorandum of cooperation with six south-eastern European (SEE) supervisory authorities, establishing a framework for cooperation and information The agreement has been reached under the auspices of the Vienna Initiative - the public-private network established to safeguard the financial stability of emerging Europe - and reflects the systemic role of EU banking groups in the financial systems of the six SEE authorities. The signatory supervisory authorities are from Albania, the Federation of Bosnia and Herzegovina, the Republic of Srpska, FYR Macedonia, Montenegro and Serbia.
Signing of the Memorandum of Cooperation

On 23 October, 2015, the European Banking Authority (EBA) signed a Memorandum of Cooperation with supervisory authorities in six South-Eastern European (SEE) countries, establishing a framework for cooperation and information exchange.

The agreement has been reached under the auspices of the Vienna Initiative - the public-private network established to safeguard the financial stability of emerging Europe - and reflects the systemic role of EU banking groups in the financial systems of the six SEE countries. The signatory supervisory authorities are from the Federation of Bosnia and Herzegovina, the Republic of Srpska, the former Yugoslav Republic of Macedonia, Montenegro, the Republic of Serbia and Albania. The Republic of Srpska unfortunately could not attend in person and signed the document at a separate occasion.

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Press Release

Memorandum of Cooperation

The European Banking Authority

The European Banking Authority (EBA) signing a memorandum of cooperation with six south-eastern European (SEE) supervisory authorities, establishing a framework for cooperation and information The agreement has been reached under the auspices of the Vienna Initiative - the public-private network established to safeguard the financial stability of emerging Europe - and reflects the systemic role of EU banking groups in the financial systems of the six SEE authorities. The signatory supervisory authorities are from Albania, the Federation of Bosnia and Herzegovina, the Republic of Srpska, FYR Macedonia, Montenegro and Serbia.
EBA Chairperson Andrea Enria and Vienna Initiative Chairman Marek Belka
1510_Vienna_MOU_0082 copy Standing
Vienna Initiative Chairman Marek Belka and EBA Chairperson Andrea Enria with the Signatory Representatives of Serbia, Macedonia, Montenegro, Bosnia and Herzegovina and Albania