Overview
The European Commission needs specialist advice from outside experts as a basis for policymaking. This is the role of Commission expert groups. These are consultative bodies set up by the Commission to provide advice in relation to the preparation of legislative acts and policy initiatives. They are usually composed of experts appointed by EU governments.
In the area of financial services regulation, the Commission has set up a number of expert groups which – in accordance with Declaration 39 on Article 290 of the Lisbon Treaty - provide advice and expertise in the preparation of delegated acts.
Comitology committees such as the European Banking Committee or the European Insurance and Pension Committee no longer play a role in relation to delegated acts, but they continue to be active in the area of implementing acts.
Expert groups working on financial regulation
- Expert stakeholder group on equity and non-equity market data quality and transmission protocols
- Expert Group on Banking, Payments and Insurance (EGBPI)
- High-Level Expert Group on Sustainable Finance
- Corporate Bond Market Liquidity
- Cross-border redress in financial services
- Derivatives and Market Infrastructures Member States Working Group
- European Crowdfunding Stakeholders Forum
- European Post Trade Forum
- Expert Group of the European Securities Committee
- Expert Group on barriers to free movement of capital
- Expert Group on intra-EU cross border investment environment
- Expert Group on the evaluation of the IAS Regulation
- Government Expert Group on Retail Financial Services
- Government Expert Group on Mortgage Credit
- Group of representatives of financial services employees (UNI Europa)
- Non Performing Loans (NPL) Advisory Panel
- Payment Systems Market Expert Group
- Securities Law Directive Member States Working Group
Comitology committees working on financial regulation
- European Banking Committee
- European Insurance and Occupational Pensions Committee (EIOPC)
- European Securities Committee
- Payments Committee