BETTER FINANCE feedback on the EBA Relocation Proposal

BETTER FINANCE welcomes this opportunity to comment on the relocation of the European Banking Authority (EBA). Following the United Kingdom’s decision to leave the European Union by 30th March 2019, the General Affairs Council selected Paris as the new seat for the EBA. Currently, the EBA is almost entirely focused on regulatory issues, not on supervisory ones. Of further concern to EU citizens as users of banking services, the EBA has not been very active active in terms of retail user protection.

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