“The European Banking Authority’s (EBA) tasks and powers, the organisation of its governance structure, the operation of its main organisation, and its main financing were not affected by the relocation of its seat,” the European Commission said.
In a report to the European Parliament and the Council of the EU dated Thursday 4 August, which EUROPE has obtained, the Commission states that “the relocation of the EBA’s seat has had no impact on the core funding of its activities by...