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Feed/COD2009/0161(COD)Other

Powers of EBA, EIOPA and ESMA (Amendment of multiple Directives)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 191mo ago
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This procedure aims to update the powers of the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA). It ensures these bodies can effectively supervise the financial sector and maintain financial stability across the EU.

The changes will affect banks, insurance companies, pension funds, and investment firms. It also impacts the regulation of securities and stock exchanges, ultimately aiming for a more robust and integrated financial market.