Factsheets

EBA, ESMA, and EIOPA consult on draft Regulatory Technical Standards (RTS) to enhance supervisory consistency under the Financial Conglomerates Directive (FICOD), clarifying significant risk concentrations and intra-group transactions, including thresholds and reporting requirements for financial conglomerates.

EBA, EIOPA, and ESMA remind EU banks and insurers of consumer protection rules for self-placed financial products, highlighting risks of contingent convertible instruments (CoCos) and compliance with CRD IV, BRRD, and Solvency II.

EBA and ESAs biannual report (September 2014) assessing risks in the EU financial system, including weak economic growth, high indebtedness, low interest rates, conduct risks, IT vulnerabilities, and geopolitical uncertainties affecting stability and recovery.

European Supervisory Authorities (EBA, ESMA, EIOPA) publish final joint guidelines under the Financial Conglomerates Directive (FICOD) to enhance supervisory cooperation, address legislative gaps, and standardize practices for cross-border financial conglomerates from February 2015.

Joint Committee of European Supervisory Authorities (ESAs) report identifies intensified risks to EU financial stability in 2015, including low growth, search-for-yield behavior, conduct risks, and cyber threats, while highlighting regulatory reforms like MiFID II, CRD IV, and Solvency II to enhance market resilience.

Joint Committee of European Supervisory Authorities (ESAs) publishes 2015 recommendations to harmonise EU securitisation rules, covering disclosure, due diligence, supervisory reporting, and retention requirements for Structured Finance Instruments to restore investor confidence.

ESAs (EBA, ESMA, EIOPA) August 2015 report highlights persistent risks in EU financial markets—low interest rates, asset mispricing, market liquidity, and economic uncertainty—calling for rigorous action on asset quality, business models, and cross-sector coordination.

EBA, EIOPA, and ESMA launch a public consultation on AML/CFT guidelines under Directive (EU) 2015/849, outlining risk-based supervision and risk-factor assessment for credit and financial institutions and competent authorities across the EU.

EBA, ESMA, and EIOPA Joint Committee report highlights key risks to the EU financial system in 2016, including low growth, low yields, profitability challenges, non-performing loans, Brexit uncertainties, and interconnectedness, urging enhanced monitoring and resolution schemes.

European Supervisory Authorities (ESAs) host 2016 Consumer Protection Day in Paris, discussing EU retail financial services, big data impact, and new consumer protection requirements under evolving regulatory and technological challenges.

EBA, EIOPA, and ESMA issue final guidelines on risk-based anti-money laundering and counter-terrorist financing supervision for EU national authorities, outlining risk assessment, resource allocation, and supervisory practices under Directive (EU) 2015/849.

European Supervisory Authorities (EBA, ESMA, EIOPA) launch a 2016 consultation on Big Data’s benefits and risks for consumers and financial firms, assessing whether regulatory adjustments are needed under existing EU data protection and consumer protection frameworks.

2018 Joint Committee of European Supervisory Authorities (ESAs) report warns of key risks to EU financial markets, including Brexit uncertainty, asset repricing, cyber-attacks, and climate change, urging supervisory stress tests, cyber resilience, and sustainability risk management.

ESMA statement on preparatory work for potential product intervention measures under MiFIR Article 40 to address investor protection risks in CFDs, binary options, and other speculative products, including leverage limits and marketing restrictions, with possible effect from January 2018.

European Supervisory Authorities (ESAs) report analysing regulatory sandboxes and innovation hubs for FinTech in the EU, presenting best practices for design and operation, and proposing future EU-level coordination to support financial innovation and cross-border scaling.