Single Supervisory Mechanism

The prudential supervision on a consolidated basis of the financial company Dexia SA, parent company of Dexia Group, is exercised by the European Central Bank since the entry into force of the Single Supervisory Mechanism on 4 November 2014.

The European Central Bank performs this oversight role in accordance with the National Bank of Belgium and the French banking supervisory authority (ACPR) through a Joint Supervisory Team (JST).

This Joint Supervisory Team takes up the prerogatives assigned to the National Bank of Belgium and the French banking supervisory authority (ACPR) as part of the cooperation agreement on Dexia’s supervision exercise concluded on 24 January 2012.