As for the  BIS Review 117/2009  3  European Central Bank, the Treaty states in Article 105.1 that “The primary objective shall be to maintain price stability”. As regards financial stability, the Treaty speaks of a “contribution”, in Article 105.5, stating that the ECB shall “contribute to […] the stability of the financial system”.
As for the European Systemic Risk Board, the current legislative proposal foresees that “The ESRB shall be responsible for the macro-prudential oversight of the financial system within the Community in order to prevent or mitigate systemic risks within the financial system” (Article 3).