Agency of the European Union in the context of "European Data Protection Supervisor"

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⭐ Core Definition: Agency of the European Union

The European Union and Euratom have agencies, decentralised independent bodies, corporate bodies and joint undertakings which are established as juridical persons through secondary EU legislation and tasked with a specific narrow field of work. They are a part of the wider set of bodies of the European Union and Euratom and are therefore distinct from:

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Agency of the European Union in the context of European Environment Agency

The European Environment Agency (EEA) is the agency of the European Union (EU) which provides independent information on the environment in climate policy, biodiversity conservation and other environmental goals set by the country.

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Agency of the European Union in the context of Eurocontrol

The European Organisation for the Safety of Air Navigation, commonly known as Eurocontrol (stylised EUROCONTROL), is an international organisation working to achieve safe and seamless air traffic management across Europe. Founded in 1963, Eurocontrol currently has 42 member states with headquarters in Brussels, Belgium. It has several local sites as well, including an Innovation Hub in Brétigny-sur-Orge, France, the Aviation Learning Centre (ALC) in Luxembourg, and the Maastricht Upper Area Control Centre (MUAC) in Maastricht, the Netherlands. The organisation employs approximately two thousand people, and operates with an annual budget in excess of half a billion euros.

Although Eurocontrol is not an agency of the European Union, the EU has delegated parts of its Single European Sky regulations to Eurocontrol, making it the central organisation for coordination and planning of air traffic control for all of Europe. The EU itself is a signatory of Eurocontrol and all EU member states are presently also members of Eurocontrol. The organisation works with national authorities, air navigation service providers, civil and military airspace users, airports, and other organisations. Its activities involve all gate-to-gate air navigation service operations: strategic and tactical flow management, controller training, regional control of airspace, safety-proofed technologies and procedures, and collection of air navigation charges.

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Agency of the European Union in the context of European Banking Authority

The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in La Défense, Île-de-France. Its activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying weaknesses in banks' capital structures.

The EBA has the power to overrule national regulators if they fail to properly regulate their banks. The EBA is able to prevent regulatory arbitrage and should allow banks to compete fairly throughout the EU. The EBA will prevent a race to the bottom because banks established in jurisdictions with less regulation will no longer be at a competitive advantage compared to banks based in jurisdictions with more regulations as all banks will henceforth have to comply with the higher pan European standard.

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