ECB Supervisory Board

The Supervisory Board of the European Central Bank or ECB Supervisory Board is the main operational decision-making within the European Central Bank on bank supervision matters, within the framework of European Banking Supervision. It meets twice a month to discuss, plan and carry out the ECB's supervisory tasks.^[1] It is not, however, the ultimate decision-making body, as it only prepares draft decisions for the Governing Council under a no-objection procedure.