With effect from today, 1 April 2016, FMA Executive Director Helmut Ettl represents Austria in the eight-person Steering Committee of the SSM Supervisory Board, the supervisory body of the European Central Bank’s (ECB) Banking Supervision. The Steering Committee is the management and preparatory committee for the SSM Supervisory Board, supporting its work as well as preparing its meetings. It meets fortnightly in Frankfurt am Main.
The members of the Steering Committee are the Chair of the SSM Supervisory Board, Danièle Nouy, the Vice-Chair, Sabine Lautenschläger, a representative from the ECB and five representatives from the national supervisory authorities. The representatives from the national supervisory authorities serve a one-year term.
In addition to his function in the Steering Committee, Helmut Ettl has been a member with voting rights of the Supervisory Board of ECB Banking Supervision since 2014, and has been a member of the Board of Supervisors of the European Banking Authority (EBA) in London and the European Systemic Risk Board (ESRB) in Frankfurt since 2011.
Journalists may address further enquiries to:
Ms. Annemarie Bauer
+43/(0)1/24959-6007