Taking stock of European financial supervision: Supervisory convergence and the single rulebook

Considerable progress has been made on both supervisory convergence and the single rulebook since the three European Supervisory Authorities (ESAs) were created in 2011. Nevertheless, both require continued and appropriately targeted efforts to ensure further progress. In the capital markets union action plan of 24 September 2020, the Commission committed to work towards an enhanced single rulebook and to take stock of what has been achieved in supervisory convergence.

To this end, the Commission launched a consultation that is open for ten weeks from 12 March to 21 May 2021. With this consultation, the Commission is seeking views on the functioning of the ESAs, on certain aspects related to the 2019 ESAs review and more widely on supervisory convergence and the single rulebook.

This conference will be an opportunity to discuss the impact of the recent changes in the ESAs regulations and the remaining challenges in order to foster more supervisory convergence and enhance the single rulebook. Commissioner McGuinness will open the event with a keynote speech, followed by a discussion between five panelists from EU institutions, finance ministries, national supervisors and a think tank. They will each bring their different experiences and points of view, which should lead to a lively and animated debate.

Programme

Speakers' biographies

Registration and webstreaming

The conference will be webstreamed with no registration required.

Live webstream from the conference

Submit your questions

Participants are invited to submit their questions to the panel via Twitter using the hashtag #CMUsupervision or by email to FISMA-A1ec [dot] europa [dot] eu (fisma-a1[at]ec[dot]europa[dot]eu)