Board of Directors

E98878

The Board of Directors is the governing body responsible for overseeing and making key strategic and financial decisions for the European Stability Mechanism.

All labels observed (1)

Label Occurrences
Board of Directors canonical 2

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf decision-making body
governing body
organ of the European Stability Mechanism
adopts investment policy of the European Stability Mechanism
operational policies of the European Stability Mechanism
risk management framework of the European Stability Mechanism
aimsTo safeguard the financial stability of the euro area through the ESM’s operations
approves annual accounts of the European Stability Mechanism
annual budget of the European Stability Mechanism
financial statements of the European Stability Mechanism
canDelegate specific tasks to the Managing Director
compositionDeterminedBy Treaty Establishing the European Stability Mechanism
surface form: ESM Treaty
decisionMakingMethod usually by qualified majority as defined in the ESM Treaty
ensures prudent and sound financial management of the ESM
that ESM operations are consistent with EU economic policy coordination
governs operational management of the European Stability Mechanism
hasAuthorityOver terms and conditions of financial assistance instruments
use of the ESM’s paid-in capital and reserves
hasMember Director appointed by each ESM Member
alternate Director for each Director
hasRole adopt guidelines and policies for the ESM’s operations
approve disbursements under financial assistance programmes
approve financial assistance operations
ensure compliance with the ESM Treaty and by-laws
ensure proper implementation of the ESM’s objectives
make key financial decisions for the European Stability Mechanism
make key strategic decisions for the European Stability Mechanism
monitor the financial performance of the ESM
oversee operations of the European Stability Mechanism
oversee risk management of the ESM
prepare matters for decision by the Board of Governors of the ESM
isAccountableTo Board of Governors of the European Stability Mechanism
jurisdiction euro area Member States that are ESM Members
legalBasis Treaty Establishing the European Stability Mechanism
surface form: Treaty establishing the European Stability Mechanism
meetsAt headquarters of the European Stability Mechanism in Luxembourg
oversees day-to-day business of the European Stability Mechanism
partOf European Stability Mechanism
reportsTo Board of Governors of the European Stability Mechanism
sector European Stability Mechanism
surface form: European financial stability mechanism
supervises Managing Director of the European Stability Mechanism

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Stability Mechanism governedBy Board of Directors
ESM governedBy Board of Directors
subject surface form: European Stability Mechanism