​The Contact Committee (CC) decided in October 2014 to set up a Task Force on the European Banking Union. In 2018, the Contact Committee mandated the Task Force to
  • communicate its statement on deficiencies in the accountability and audit arrangements of the supervisory mechanism for banks in the euro area to the relevant EU and national stakeholders, and
  • start coordinated audit activities on European and national preparations for the resolution of banks under the remit of the National Resolution Authorities.