Supervisory Board

What is Supervisory Board?

Supervisory Board definition and meaning on Finance terms:
An internal body of the ECB that undertakes the planning and execution of the tasks conferred on the ECB relating to the prudential supervision of credit institutions. The Supervisory Board is composed of a Chair, a Vice-Chair, four representatives of the ECB and one representative of the national competent authority in each participating Member State of the Single Supervisory Mechanism. See also
Single Supervisory Mechanism (SSM)<