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Joint Committee. Annual Report 2020 : March 2021

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      <subfield code="a">In 2020, the Joint Committee under the chairmanship of the EBA, continued to have a central role for the coordination and exchange of information between the European Supervisory Authorities (ESAs), the European Commission (EC) and the European Systemic Risk Board (ESRB). Progress continued on other important cross-sectoral areas such as enhancing consumer protection, sustainable finance and joint risk assessment as well as monitoring financial innovation and cyber security. Moreover, the revision of the ESAs' Founding Regulation required amending the Joint Committee's rules of procedure. Those now reflect the new requirements for the Joint Committee, notably with regard to its scope, tasks, meeting frequency and transparency.</subfield>
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