Central bank officials say that means in practice that about 130 banks, representing about 85 percent of bank assets in the euro zone, would fall under the direct oversight of the new supervisory authority under a formula agreed to by finance ministers last December.
Around 200 of the biggest banks will come under the direct oversight of the European Central Bank, which will act as chief supervisor.
As a private nonprofit, the association is not subject to direct oversight by the Board of Supervisors or any other public body.
Pointing, who under the former Newman government had direct oversight of the anti-gang squad Taskforce Maxima, has been appointed "champion of best practice in prevention and first response" to domestic violence cases.
"And we scrapped UKBA, [UK Borders Agency} replacing it with a specialist border force, a visas unit and an enforcement arm to give all three crucial areas more focus and bring them under direct ministerial oversight.
Yet it's surprising how it gets swept under the carpet when it moves beyond the direct oversight of a corporation.
Britain is not a member of the euro zone and its banks will not fall under the control of the central bank, which is expected to have direct oversight of about 130 of the largest financial institutions in countries using the single currency by the end of 2014.
Varoufakis lost direct oversight of the technical talks.
The car czar would have had a direct oversight role for the industry but the administration did away with that position last week, placing the auto bailout talks under Mr. Geithner and Mr. Summers.
Under the decision, a federally appointed monitor would be phased out over three years as the judge, Gary A. Feess, assumed direct oversight of final reforms at the department including reducing racial bias in searches and arrests, a financial disclosure policy for certain kinds of investigators, a better system to track problem officers and closer monitoring of antigang enforcement.
(The C.F.T.C. and the S.E.C. did not have direct oversight of the JPMorgan unit that had placed the trades).
