Criteria for ESMA, EBA and authority intervention powers (Reg 2023/1114)

This procedure details the criteria and factors that EU financial supervisors, like ESMA and EBA, must consider when using their powers to intervene in financial markets. It aims to ensure consistent application of rules across the EU.

This affects financial institutions and investors by clarifying how supervisors will assess risks and take action. It ensures transparency and predictability in the supervision of financial services and digital technologies.