Committee of European Banking Supervisors
The Committee of European Banking Supervisors (CEBS) was an independent advisory group on banking supervision in the European Union (EU). Established by the European Commission in 2004 by Decision 2004/5/EC, and its charter revised on 23 January 2009, it was composed of senior representatives of bank supervisory authorities and central banks of the European Union. On 1 January 2011, this committee was succeeded by the European Banking Authority (EBA), which took over all existing and ongoing tasks and responsibilities of the Committee of European Banking Supervisors (CEBS). The European Banking Authority was established by  Regulation (EC) No. 1093/2010 of the European Parliament and of the Council of 24 November 2010. Its role was to: European Economic Area countries which are not EU members participated as permanent observers. The other level-3 committees of the European Union in the Lamfalussy process are the Committee of European Securities Regulators and the Committee of European Insurance and Occupational Pensions Supervisors. History. So the European Commission's decision (2009/78/EC) of 23 January 2009, "for reasons of legal security and clarity", repealed, in its 16th article Decision 2004/5/EC, which changed the legal framework of the Committee. On 1  January 2011, the Committee was superseded by the European Banking Authority. Roles (tasks). In particular, according to article 2 of the Decision 2009/78/EC, According to article 3 of the same Decision, According to article 4 of same Decision, According to article 5: Article 6: Structure (organisation and operation). According to articles 7–15 of the Decision 2009/78/EC: Article 7: Article 8: Article 9: Article 10: Article 11 Article 12 Article 13 Article 14 Article 15 Location. The office of the Secretariat of the CEBS was located in the City of London, UK.