European System of Financial Supervision

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European Union (EU).

(ESFS).

The ESFS comprises:

  • The three European Supervisory Authorities (ESAs), the EBA, ESMA and EIOPA;
  • The Joint Committee of the ESAs;
  • The European Systemic Risk Board (ESRB);
  • The European Central Bank; and
  • The supervisory authorities of each member state.


The purpose of the ESFS is to support the efficient functioning of the European internal market by harmonising regulation and supervision in each member state.


See also