The three European authorities (ESAs) that make up the European financial supervisory system - the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA) - have continued to perform their tasks effectively and efficiently since the last review in 2019, including at the height of the Covid-19 pandemic, the European Commission concluded in its activity report published on Monday 23 May.
The...