European Financial Regulatory Commission Mandate

European Financial Regulatory Commission contribute to keeping the banking system safe and sound. We do this so that you can rest assured that banks can weather a crisis.Consistent and standardised supervision throughout the euro area helps keep your money safe and ensures that banks can perform their vital functions and grant loans to people and firms. We take various actions to ensure compliance with rules and regulations. We can require banks to hold more capital, we can sanction them if they break the rules and we can grant and withdraw banking licences. This makes our supervision effective.