The Joint Committee of the European Supervisory Authorities (ESAs) has published its work programme for 2024.

The ESAs, which consists of the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), said an area of priority will be its focus on enhancing confidence and strengthening the protection of European consumers in relation to banking, insurance and pensions and securities products.

In the context of challenging macro-financial conditions, inflation and slowdown of economic activity, the Joint Committee will continue to closely monitor and assess emerging key cross sectoral risks and vulnerabilities for financial stability.

The Joint Committee said it will develop cross-sectoral risk reports and provide updates of its assessment to the Financial Stability Table of the Economic and Financial Committee (EFC-FST) in spring and autumn 2024

Furthermore, it will continue to focus on the areas of consumer and investor protection, retail financial services, and retail investment products as well as micro-prudential analyses of cross-sectoral developments. It will also focus on digital operational resilience, financial conglomerates as well as accounting and auditing.

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