National supervisory authorities

One of the responsibilities of the European supervisory authorities is to ensure the orderly functioning and integrity of financial markets and the stability of the financial system in the European Union. To this end, they are mandated to monitor and assess market developments as well as to identify trends, potential risks and vulnerabilities stemming from the micro-prudential level.

One of the responsibilities of the European supervisory authorities is to ensure the orderly functioning and integrity of financial markets and the stability of the financial system in the European Union. To this end, they are mandated to monitor and assess market developments as well as to identify trends, potential risks and vulnerabilities stemming from the micro-prudential level.

One of the primary supervisory tools used by these authorities to conduct such an analysis are the EU-wide stress tests.

Moreover, the results of a capital buffer exercise were published in october 2012 by the European Banking Authority (EBA).