EIOPA welcomes the publication of the ESFS Review Report
08 August 2014
Statement by Gabriel Bernardino, Chairman of European Insurance and Occupational Pensions Authority linked to publication of the ESFS Review Report.
The European Insurance and Occupational Pensions Authority (EIOPA) welcomes the “Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS)”.
This report is a starting point for the upcoming discussions on the review of the ESFS, which constitutes an opportunity to further strengthen the framework.
An adequate level of resources for the ESFS is an important prerequisite for sound supervision.
The EU will benefit from stronger, more consistent and coordinated supervision at the European level that aims at ensuring financial stability and consumer protection.
© EIOPA
