The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today its 2017 Annual Report providing a detailed account of all the joint work achieved in the past year.
The fight against money laundering and terrorist financing has been a key priority for the Joint Committee over the last year where the ESAs played a key role in raising the EU's capacity to meet the growing challenges in this area across the financial sector. The Report also highlights the ESAs' continued efforts to identify risks to financial stability, including those posed by Brexit.
Consumer Protection continued to be high in the Joint Committee's agenda as well as financial innovation, where the ESAs continued their joint efforts to assess the potential benefits and risks for consumers and financial institutions related to the use of Big Data.
Joint Committee Annual Report 2017