Technical correction of the European directive on financial supervision powers (EBA, EIOPA and ESMA)
17 Jun 202635 views
Who is affected:
Banking entities, insurance companies, pension funds and investment services companies in the EU
Summary
A correction of errors in the directive regulating the powers of the three European financial supervision authorities in 2010 is published. It affects banks, insurance companies and securities markets.
Detailed analysis
PRO
This correction rectifies material errors in Directive 2010/78/UE, known as 'Omnibus I', which established the competencies of the three European Supervisory Authorities: EBA (banking), EIOPA (insurance and pensions) and ESMA (securities and markets). Said directive amended ten previous sectoral directives to integrate…
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OJ:L_202690476: Berichtigung der Richtlinie 2010/78/EU des Europäischen Parlaments und des Rates vom 24. November 2010 zur Änderung der Richtlinien 98/26/EG, 2002/87/EG, 2003/6/EG, 2003/41/EG, 2003/71/EG, 2004/39/EG, 2004/109/EG, 2005/60/EG, 2006/48/EG, 2006/49/EG und 2009/65/EG im Hinblick auf die Befugnisse der Europäischen Aufsichtsbehörde (Europäische Bankenaufsichtsbehörde), der Europäischen Aufsichtsbehörde (Europäische Aufsichtsbehörde für das Versicherungswesen und die betriebliche Altersversorgung) und der Europäischen Aufsichtsbehörde (Europäische Wertpapier- und Marktaufsichtsbehörde) (ABl. L 331 vom 15.12.2010)
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