As the EU pivots from post-crisis rulemaking to a new phase focused on simplification and competitiveness, the European Banking Authority (EBA) is seeking to recalibrate the bloc’s banking framework.
After more than a decade of regulatory expansion, the focus is shifting towards efficiency – streamlining rules, reducing overlaps and ensuring that supervision remains effective without imposing unnecessary burdens.
Speaking with Euractiv, EBA Chair François-Louis Michaud sets out the rationale behind the authority’s proposals, which aim to modernise the Single Rulebook, improve coordination across institutions and make better use of supervisory data.
The goal, Michaud argues, is not deregulation, but a more coherent and future-proof system capable of supporting financial stability while strengthening Europe’s competitiveness.
EV: The EBA has proposed measures to improve the efficiency of the EU’s regulatory and supervisory framework. What is the core rationale behind this…
