The EBA operates to ensure effective and consistent prudential regulation and supervision across the European banking sector.
Commenting on his appointment, Professor Jarvis said: 'It is an honour to continue to work with other members of this EBA stakeholder group. This is a crucial time for the European banking system and consumer protection in the European Union, where harmonised prudential regulation is necessary to ensure the stability of the internal market. Consistent rules and regulation are also necessary to instil trust in the supervisory system.
'The stakeholder group exists to establish dialogue and consultation across the many bodies involved in the work of the EBA. Of course, the accountancy profession has a huge part to play here. Such is ACCA’s interest in this policy area that we made this the topic for our recent ACCA President debate in Brussels. At this event there was general support for the Banking Union, while acknowledging serious challenges ahead. The event confirmed the need for the Euro area to have a stronger institutional framework to safeguard financial stability and avoid contagion.
'The work of the EBA in this context is vital, so I am delighted to again be a member of this important group, and to continue to work for the EBA.'
Professor Jarvis: Biography
As well as his work for ACCA, Robin Jarvis is also Professor of Accounting at Brunel University and Policy Adviser to The European Federation of Accountants and Auditors. He was awarded the British Accounting and Finance Association (BAFA) 2013 Lifetime Achievement Award for his substantial contribution to the advancement of the accounting and finance academic community. He is a member of a number of committees and working groups, including Chair of the Advisory Panel of the Chartered Banker Code of Professional Standards.