Summary
The European Parliament approved the 2016 budget discharge for the European Banking Authority, noting its successful regulatory work and reliable financial management. 10 03.10.2018
Other
finance
budgetary control
administrative law
public administration
financial institutions and credit
Key points
- The European Parliament granted discharge for the 2016 budget implementation of the European Banking Authority.
- The total budget for 2016 was approximately 36.5 million euros, funded by both the EU and national authorities.
- The Court of Auditors confirmed that the Authority's accounts are reliable and transactions are legal.
- The Authority successfully developed several technical standards and guidelines for the banking sector.
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