Publications

EBA, ESMA, and EIOPA Joint Committee reports assess EU Member States' implementation of the 3rd Money Laundering Directive (3MLD), highlighting gaps in Customer Due Diligence and Simplified Due Diligence requirements that may weaken the EU’s AML/CTF regime.

EBA, EIOPA, and ESMA consult on draft Regulatory Technical Standards for capital calculation methods under the Financial Conglomerates Directive (FICOD), ensuring uniform application and harmonisation for financial conglomerates in the EU.

EBA, ESMA, and EIOPA Joint Committee’s Spring 2013 report identifies key cross-sectoral risks in the EU financial system—including macroeconomic weakness, low interest rates, and market fragmentation—and recommends coordinated policy actions, such as advancing Banking Union and supervisory convergence.

EBA, EIOPA, and ESMA publish draft Regulatory Technical Standards (RTS) under the Financial Conglomerates Directive (FiCoD) to harmonize capital calculation methods for financial conglomerates, addressing multiple gearing, intra-group own funds, and cross-sector capital requirements.

EBA, ESMA, and EIOPA Joint Committee report identifies key cross-sectoral risks to EU financial stability in 2013, including weak macroeconomic outlook, low interest rates, financial fragmentation, and balance sheet valuation concerns, while highlighting regulatory progress like CRD/CRR and the Single Supervisory Mechanism.

Joint Committee of European Supervisory Authorities (EBA, ESMA, EIOPA) 2014 report identifies key risks to EU financial stability, including weak economic recovery, asset price imbalances, low interest rate risks, conduct of business, and IT operational risks, with recommendations for supervisory focus.

EBA, ESMA, and EIOPA consult on draft Regulatory Technical Standards (RTS) to enhance supervisory consistency under the Financial Conglomerates Directive (FICOD), clarifying significant risk concentrations and intra-group transactions, including thresholds and reporting requirements for financial conglomerates.

EBA, EIOPA, and ESMA remind EU banks and insurers of consumer protection rules for self-placed financial products, highlighting risks of contingent convertible instruments (CoCos) and compliance with CRD IV, BRRD, and Solvency II.

EBA and ESAs biannual report (September 2014) assessing risks in the EU financial system, including weak economic growth, high indebtedness, low interest rates, conduct risks, IT vulnerabilities, and geopolitical uncertainties affecting stability and recovery.

European Supervisory Authorities (EBA, ESMA, EIOPA) publish final joint guidelines under the Financial Conglomerates Directive (FICOD) to enhance supervisory cooperation, address legislative gaps, and standardize practices for cross-border financial conglomerates from February 2015.

Joint Committee of European Supervisory Authorities (ESAs) report identifies intensified risks to EU financial stability in 2015, including low growth, search-for-yield behavior, conduct risks, and cyber threats, while highlighting regulatory reforms like MiFID II, CRD IV, and Solvency II to enhance market resilience.

Joint Committee of European Supervisory Authorities (ESAs) publishes 2015 recommendations to harmonise EU securitisation rules, covering disclosure, due diligence, supervisory reporting, and retention requirements for Structured Finance Instruments to restore investor confidence.

ESAs (EBA, ESMA, EIOPA) August 2015 report highlights persistent risks in EU financial markets—low interest rates, asset mispricing, market liquidity, and economic uncertainty—calling for rigorous action on asset quality, business models, and cross-sector coordination.

EBA, EIOPA, and ESMA launch a public consultation on AML/CFT guidelines under Directive (EU) 2015/849, outlining risk-based supervision and risk-factor assessment for credit and financial institutions and competent authorities across the EU.

EBA, ESMA, and EIOPA Joint Committee report highlights key risks to the EU financial system in 2016, including low growth, low yields, profitability challenges, non-performing loans, Brexit uncertainties, and interconnectedness, urging enhanced monitoring and resolution schemes.