The Supervisory Board of the European Central Bank or ECB Supervisory Board is the main operational decision-making within the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centra ...

on bank supervision matters, within the framework of European Banking Supervision. It meets twice a month to discuss, plan and carry out the ECB's supervisory tasks. It is not, however, the ultimate decision-making body, as it only prepares draft decisions for the

Governing Council A personal ordinariate for former Anglicans, shortened as personal ordinariate or Anglican ordinariate,"...the liturgies approved for the Anglican ordinariates..." "Bishop Stephen Lopes of the Anglican Ordinariate of the Chair of St Peter..." ...

under a no-objection procedure.

Overview

The Supervisory Board is composed of a Chair, appointed for a non-renewable term of five years; a Vice Chair, chosen from among the members of the ECB's

Executive Board A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organi ...

; four members directly appointed by the ECB, known as ECB representatives; and representatives of national competent authorities. If the national supervisory authority designated by a Member State is not the country's national central bank, the representative of the competent authority can be accompanied by a representative from that national central bank. In such cases, the representatives are together considered as one member for the purposes of the voting procedure. The Supervisory Board's Steering Committee supports its activities and prepares its meetings. It is composed of the Supervisory Board's Chair and Vice Chair, one of the ECB representatives, and five representatives of national competent authorities. The latter five representatives are appointed by the Supervisory Board for one year based on a rotation system that ensures a fair representation of countries.

Past and current members

Chair

* Danièle Nouy (1 January 2014 - 31 December 2018) * Andrea Enria (1 January 2019 - 31 December 2023) * Claudia Buch (from 1 January 2024)

Vice Chair

Sabine Lautenschläger Sabine Lautenschläger (born 3 June 1964) is a German jurist who served as a member of the Executive Board of the European Central Bank from 2014 to 2019. She previously served as vice-president of the Deutsche Bundesbank from 2011 to 2013.

(11 February 2014 - 11 February 2019) * Yves Mersch (7 October 2019 - 14 December 2020) * Frank Elderson (since February 2021)

ECB representatives

* (2014-2019) *

Sirkka Hämäläinen Sirkka Aune-Marjatta Hämäläinen (born 8 May 1939 in Riihimäki) is a Finnish economist who served as a member of the Executive Board of the European Central Bank from 1998 to 2003. She previously served as the Governor of the Bank of Finland f ...

(2014-2016) *

Julie Dickson Julie Dickson, was the Superintendent of the Office of the Superintendent of Financial Institutions of Canada, from July 4, 2007 to June, 2014. She later became a European Central Bank representative on the Supervisory Board of the Single Superv ...

(2014-2017) * Luc Coene (2015-2017) * (2017-2022) * Edouard Fernandez-Bollo (since 2019) *

Kerstin af Jochnick Kerstin Margareta af Jochnick (born March 17, 1958) is a Swedish banker and economist. She is currently serving as a member of the European Central Bank's supervisory board, and was the former First Deputy Governor of the Sveriges Riksbank, the ...

(since 2019) * Elizabeth McCaul (since 2019) * (since 2022)

National competent authorities

* Austria: Financial Market Authority accompanied by

Oesterreichische Nationalbank The Oesterreichische Nationalbank (OeNB) is the central bank of Austria and, as such, an integral part of both the European System of Central Banks (ESCB) and the Eurozone. It started operations on , replacing the Austro-Hungarian Bank of whic ...

(since 2014) * Belgium:

National Bank of Belgium The National Bank of Belgium (NBB; nl, Nationale Bank van België, french: Banque nationale de Belgique, german: Belgische Nationalbank) has been the central bank of Belgium since 1850. The National Bank of Belgium was established with 100% pr ...

(since 2014) * Bulgaria:

Bulgarian National Bank The Bulgarian National Bank ( bg, Българска народна банка, Bohlgarska narodna banka, ), or BNB, is the central bank of the Republic of Bulgaria. Headquartered in Sofia, the bank was established in 1879. It is the 13th oldest ...

(since 2020) * Croatia: Croatian National Bank (since 2020) * Cyprus: Central Bank of Cyprus (since 2014) * Estonia: Financial Supervisory Authority accompanied by Bank of Estonia (since 2014) * Finland: Financial Supervisory Authority accompanied by Bank of Finland (since 2014) * France: Prudential Supervision and Resolution Authority (since 2014) * Germany:

Federal Financial Supervisory Authority The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It ...

accompanied by

Deutsche Bundesbank The Deutsche Bundesbank (), literally "German Federal Bank", is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB). Due to its strength and former size, the Bundesbank is the most ...

(since 2014) * Greece:

Bank of Greece The Bank of Greece ( el, Τράπεζα της Ελλάδος , ΤτΕ) is the central bank of Greece. Its headquarters is located in Athens on Panepistimiou Street, but it also has several branches across the country. It was founded in 19 ...

(since 2014) * Ireland:

Central Bank of Ireland The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial fi ...

(since 2014) * Italy:

Bank of Italy The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's curre ...

(since 2014) * Latvia:

Bank of Latvia ) , ownership = 100% state ownership , headquarters = Riga , established = 7 September 1922 , president = Mārtiņš Kazāks , leader_title = Governor , bank_of = Latvia , reserves = US$3.05 billion , website www.bank.lv, preceded = State ...

(since 2014) * Lithuania:

Bank of Lithuania The Bank of Lithuania ( lt, Lietuvos bankas) is the central bank of the Republic of Lithuania. The Bank of Lithuania is a member of the European System of Central Banks. The chairman of the bank is Gediminas Šimkus. Until 2015, the Bank of Lit ...

(since 2014) * Luxembourg: Commission de Surveillance du Secteur Financier accompanied by Central Bank of Luxembourg (since 2014) * Malta:

Central Bank of Malta The Central Bank of Malta ( mt, Bank Ċentrali ta’ Malta) is the central bank of the Republic of Malta. It was established on 17 April 1968. In May 2004, when Malta joined the European Union, it became an integral part of the European Syste ...

(since 2014) * Netherlands:

De Nederlandsche Bank De Nederlandsche Bank NV (DNB) is the central bank of the Netherlands. Founded by King William I in 1814, it is part of the European System of Central Banks (ESCB). De Nederlandsche Bank is a public limited company ( Dutch: '' naamloze vennoot ...

(since 2014) * Portugal:

Banco de Portugal The Banco de Portugal ( English: Bank of Portugal) is the central bank of the Portuguese Republic. The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the '' Banco de Lisboa'' (Bank of Li ...

(since 2014) * Slovakia: National Bank of Slovakia (since 2014) * Slovenia: Bank of Slovenia (since 2014) * Spain:

Bank of Spain The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority fo ...

(since 2014)

Notes

Supervisory Board In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors. In civil ...

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