“We are considering different models for single supervision, including a more centralised approach where ESMA [the European Securities and Markets Authority]would be responsible for all or key supervisory decisions, whilst efficiently cooperating with national authorities”, said Maria Albuquerque, European Commissioner for Financial Services, on Thursday 12 June at a conference on the Savings and Investment Union (SIU) co-organised by the European Commission and the ECB.
“Supervision...