Based at the European Central Bank.

http://www.esrb.europa.eu/home/html/index.en.html

The European Systemic Risk Board (ESRB) is an independent EU body responsible for the macro-prudential oversight of the financial system within the Union. Based at the European Central Bank in Frankfurt.

The ESRB contributes to the prevention or mitigation of systemic risks to financial stability in the Union that arise from developments within the financial system. It takes into account macroeconomic developments, so as to avoid periods of widespread financial distress.

The ESRB at work - its role, organization and functioning

http://en.wikipedia.org/wiki/European_Systemic_Risk_Board