European Supervisory Authority

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There are three European Supervisory Authorities:

  1. The European Banking Authority (EBA)
  2. The European Securities and Markets Authority (ESMA)
  3. The European Insurance and Occupational Pensions Authority (EIOPA)

The purpose of the ESAs is to support the efficient functioning of the European single market by harmonising the regulation and supervision of financial markets in each member state.

Individual supervisory authorities remain in charge of supervising individual financial institutions in their respective jurisdictions.

See also