The European Central Bank concerning policies relating to the prudential supervision of credit institutions

This procedure concerns the granting of specific powers to the European Central Bank (ECB) to oversee the prudential supervision of banks. By coordinating the monitoring of credit institutions, the EU aims to ensure the stability of the financial system and the effectiveness of monetary policy within the euro area.

This primarily affects commercial banks and credit institutions operating in the euro area, as well as national financial supervisors who must coordinate their activities with the ECB.