On Monday 27 November, the European Consumers Organisation, Better Finance, Finance Watch, AGE Platform Europe, EFIN and COFACE Families Europe, disappointed by the European Commission's proposal to revise the three European financial supervisory authorities (ESAs): ESMA, the EBA and EIOPA, which supervise the financial markets and the banking and insurance sectors respectively (see EUROPE 11864), announced their own planned reform, which suggests the creation of a European Financial...