Macro-prudential oversight of the financial system and establishing a European Systemic Risk Board (ESRB)

The present Commission staff working document accompanies the report from the Commission to the European Parliament and the Council on the mission and organisation of the

European Systemic Risk Board (ESRB).

It covers the following aspects:

• the ESRB mandate, powers and tools;
• the structure and governance arrangements;
• the stakeholder management, accountability and communications;
• the cooperation and interaction between micro and macro-prudential policy;
• the issue of data access.