On 22 September 2010, the European Parliament voted through the new supervisory framework proposed by the Commission, consisting of three European Supervisory Authorities: a European Banking Authority (EBA), a European Securities and Markets Authority (ESMA), and a European Insurance and Occupational Pensions Authority (EIOPA). These European supervisory authorities (ESAs) and a European Systemic Risk Board (ESRB) were established as from January 2011 to replace the former supervisory committees. More