ECONOMY - FINANCE - BUSINESS / Finance

European Parliament soon to adopt its position on far-reaching reform of European financial supervision architecture

Brussels, 09/01/2019 (Agence Europe)

MEPs of the European Parliament’s Economic and Monetary Affairs Committee will vote on Thursday 10 January on the three draft reports on the reform of the three European financial supervisory authorities (ESAs): ESMA, EBA and EIOPA, which supervise the financial markets and the banking and insurance sectors respectively (see EUROPE 11864). 

Compromises between political groups were only finalised between Tuesday and Wednesday. The work is indeed enormous. The three draft reports on this...