Save where otherwise provided in the Treaties, the following provisions shall apply for the achievement of the objectives set out in Article 26. The European Parliament and the Council shall, acting in accordance with the ordinary legislative procedure and after consulting the Economic and Social Committee, adopt the measures for the approximation of the provisions laid down by law, regulation or administrative action in Member States which have as their object the establishment and functioning of the internal market.’

The Council, on a proposal from the Commission, shall determine the guidelines and conditions necessary to ensure balanced progress in all the sectors concerned.’

The internal market shall comprise an area without internal frontiers in which the free movement of goods, persons, services and capital is ensured in accordance with the provisions of the Treaties.

The Union shall adopt measures with the aim of establishing or ensuring the functioning of the internal market, in accordance with the relevant provisions of the Treaties.

(Articles 26 and 114 of the Treaty on the Functioning of the European Union)

to publish on its website, and to update regularly, information relating to its field of activities;

to fulfil any other specific tasks set out in this Regulation or in other legislative acts;

to promote the consistent and coherent functioning of colleges of supervisors, the monitoring, assessment and measurement of systemic risk, the development and coordination of recovery and resolution plans, providing a high level of protection to depositors and investors throughout the Union and developing methods for the resolution of failing financial institutions and an assessment of the need for appropriate financing instruments;

to undertake economic analyses of markets to inform the discharge of the Authority’s functions;

to monitor and assess market developments in the area of its competence;

to facilitate the delegation of tasks and responsibilities among competent authorities;

to contribute to the consistent application of legally binding Union acts;

to develop and maintain up to date a European supervisory handbook on the supervision of financial institutions in the Union as a whole;

To contribute to the establishment of high-quality common regulatory and supervisory standards and practices;

ensuring the taking of credit and other risks are appropriately regulated and supervised;

ensuring the integrity, transparency, efficiency and orderly functioning of financial markets;

Improving the functioning of the internal market, including, in particular, a sound, effective and consistent level of regulation and supervision;

(Regulation (EU) No 1022/2013 of the European Parliament and of the Council, amending Regulation (EU) No 1093/2010)

(Regulation (EU) No 1093/2010 of the European Parliament and of the Council)

Composed of the Chairperson and six other members of the Board of Supervisors.

Composed of the Chairperson, one representative per Member State (head of NSA (2) ), Commission, ECB (3) , ESRB, EIOPA (4) and ESMA (5) .

111 temporary staff (93) — of which five offer letters sent to and accepted before 31 December 2014, with starting dates in the first months of 2015, however, due to notice periods

Resources made available to the Authority in 2014 (2013)

Products and services in 2014