Those within the euro zone will start to come under the wing of the ECB from January, in what the commission calls the Single Supervisory Mechanism (SSM).
The purpose of the project is to bring together the state-of-the-art in scientific and practical knowledge on SSM and to make that knowledge available through a practical training course.
It would allow the ECB to assume full supervisory responsibility over any credit institution, particularly those which have received or requested public funding, with all banks covered by the SSM by the start of 2014.
The EU is also moving towards banking union within the eurozone and is planning to have a eurozone-wide regulatory system, the Single Supervisory Mechanism (SSM), which it hopes will begin its work by the start of next year.