The Joint Committee is a forum for cooperation that was established on 1st January 2011, with the goal of strengthening cooperation between the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA), collectively known as the three European Supervisory Authorities (ESAs).
Through the Joint Committee, the three ESAs cooperate regularly and closely and ensure consistency in their practices. In particular, the Joint Committee works in the areas of supervision of financial conglomerates, accounting and auditing, micro-prudential analyses of cross-sectoral developments, risks and vulnerabilities for financial stability, retail investment products and measures combating money laundering.
In addition to being a forum for cooperation, the Joint Committee also plays an important role in the exchange of information with the European Systemic Risk Board (ESRB) and in developing the relationship between the ESRB and the ESAs.
You can find further information about the three ESAs on their respective websites:
European Securities and Markets Authority – ESMA
European Banking Authority – EBA
European Insurance and Occupational Pensions Authority – EIOPA
Joint Committee’s Rules of Procedure
List of groups identified as financial conglomerates
Joint Committee 2012 Work programme
Joint Committee 2013 Work Programme
Medium term strategy for the Joint Committee
Joint Committee report on Risks and Vulnerabilities in the EU Financial System