Joint Supervisory Teams

E386348

Joint Supervisory Teams are cross-border supervisory groups composed of staff from the European Central Bank and national competent authorities that oversee significant banks within the euro area under the Single Supervisory Mechanism.

All labels observed (1)

Label Occurrences
Joint Supervisory Teams canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Single Supervisory Mechanism component ⓘ
organizational structure ⓘ
supervisory body ⓘ
aimsTo enhance information sharing between ECB and national supervisors ⓘ
ensure consistent application of supervisory rules ⓘ
reduce supervisory fragmentation in the euro area ⓘ
appliesTo banks classified as significant under SSM criteria ⓘ
cross‑border banking groups headquartered in the euro area ⓘ
basedOnLegalFramework Council Regulation (EU) No 1024/2013 ⓘ
SSM Framework Regulation ⓘ
linked to: SSM

Single Supervisory Mechanism Regulation ⓘ
compositionIncludes JST coordinator ⓘ
staff from national competent authorities ⓘ
staff from the European Central Bank ⓘ
sub‑coordinators or workstream leaders ⓘ
cooperatesWith national competent authorities outside the euro area when relevant ⓘ
other ECB horizontal and specialist functions ⓘ
createdBy European Central Bank ⓘ
createdUnderAuthorityOf Governing Council of the European Central Bank ⓘ
Supervisory Board of the European Central Bank ⓘ
hasAffiliation European Central Bank ⓘ
national competent authorities of euro area member states ⓘ
hasCharacteristic centralised coordination by the ECB ⓘ
cross‑border composition ⓘ
decentralised execution through national competent authorities ⓘ
hasPurpose contributing to the safety and soundness of the European banking system ⓘ
ensuring consistent supervisory standards across the euro area ⓘ
prudential supervision of significant banks ⓘ
hasRole coordination of on‑site inspections and off‑site supervision ⓘ
day‑to‑day supervision of assigned significant institutions ⓘ
implementation of supervisory examination programmes ⓘ
ongoing dialogue with supervised institutions ⓘ
preparation of supervisory decisions ⓘ
risk assessment of supervised banks ⓘ
operatesInJurisdiction euro area ⓘ
partOf European banking supervision framework ⓘ
Single Supervisory Mechanism ⓘ
relatedTo European Banking Authority guidelines ⓘ
European System of Financial Supervision ⓘ
reportsTo ECB Banking Supervision line management ⓘ
ECB Supervisory Board ⓘ
startedOperation 2014 ⓘ
subjectTo ECB internal governance and procedures ⓘ
supervises cross‑border banking groups in the euro area ⓘ
significant credit institutions ⓘ
significant institutions ⓘ
usesMethodology SSM Supervisory Review and Evaluation Process ⓘ
risk‑based supervision approach ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Single Supervisory Mechanism → usesInstrument → Joint Supervisory Teams ⓘ
Single Supervisory Mechanism → uses → Joint Supervisory Teams ⓘ
subject linked to: SSM