ECONOMY - FINANCE - BUSINESS / Finances

Reform of European supervisory authorities – EESC warns against general increase in costs of supervision

Brussels, 23/02/2018 (Agence Europe)

In a press release issued on Thursday 22 February, the European Economic and Social Committee (EESC) called for the principles of subsidiarity and proportionality to be fully applied in the framework of the reform of the European supervisory architecture and warned against any general increase in the costs of supervision.

At its February plenary session, the Committee adopted an opinion on the reform of the three European financial supervisory authorities (ESA) – ESMA, EBA and EIOPA, which...