Proposal for the EU financial supervisory reform – Open letter

27 November 2017

Open letter

Brussels, 27 November 2017

Finance Watch has co-signed a letter to the heads of the European Union institutions, European Supervisory Authorities and key policy makers on the review of the European system of the financial supervision.

The current proposals on the reform of the ESAs are far from the ambition needed to put in place a framework for financial supervision that ensures the protection of consumers and the financial system. Finance Watch is therefore joining BEUC, Better Finance, EFIN, COFACE Families Europe and AGE Platform Europe in continuing to call for much needed reform of the European system of financial supervision.