Together with BEUC, Better Finance, AGE Platform Europe and Coface Families Europe, we sent two letters to the European institutions regarding the Reform of the European Supervisory Authorities.
Related policy area
Financial supervision
Reforming the European system of financial supervision: strong European supervisory authorities are needed to ensure that consumers, investors and taxpayers are protected from the financial system.
In the first letter from 24 January, we express our concern about a mistake in the revised EIOPA Regulation that could result in EIOPA’s stakeholder groups being dominated by the industry stakeholders.
The second letter, from 5 February, concerns the forthcoming call for applications to the ESAs Stakeholder Groups (SGs). We highlight the risk of the European Supervisory Authorities not attracting enough highly qualified independent experts representing consumers and the risk that SGs once again becoming dominated by industry stakeholders.
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