The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published their third annual report on disclosures of principal adverse impacts under the Sustainable Finance Disclosure Regulation (SFDR).The report assesses both entity and product-level Principal Adverse Impact (PAI) disclosures under the SFDR.

The Joint Committee of the European Supervisory Authorities (ESAs), comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), has published its 2026 work programme. This programme outlines collaborative initiatives to ensure the effective operation of the oversight framework for critical third-party ICT providers under the Digital Operational Resilience Act (DORA). It will also support joint risk analyses in the context of ongoing geopolitical tensions, enhance financial education and consumer protection as part of the European Commission's Savings and Investments Union initiative, and monitor developments in the securitisation market.Additionally, the programme details joint efforts on cross-sectoral matters such as financial conglomerates, innovation facilitators and credit assessment institutions, and support for the forthcoming review of the Sustainable Finance Disclosure Regulation (SFDR) (Regulation (EU) 2019/2088).

The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published Q&As on the Securitisation Regulation (EU) 2017/2402. New Q&As are added at sections 18, 19 and 25.

The Joint Committee of the three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) has published its joint autumn report on risks and vulnerabilities in the EU financial system for 2025. The report outlines how rising global trade tensions and evolving security structures are driving heightened geopolitical uncertainty. It highlights that these structural shifts have contributed to a weakening of the economic outlook in the first half of 2025.

The European Supervisory Authorities (the European Securities and Markets Authority, the European Banking Authority and the European Insurance and Occupational Pensions Authority or ESAs) have published a consolidated questions and answers document on the Sustainable Finance Disclosure Regulation (SFDR) (Regulation (EU) 2019/2088) and its Delegated Regulation (Commission Delegated Regulation (EU) 2022/1288). This document integrates European Commission interpretations of EU law with ESA guidance on practical application. It addresses issues such as scope, definitions of sustainable investments, principal adverse impact disclosures, financial product disclosures, multi-option products, taxonomy alignment, and financial adviser obligations.

The European Supervisory Authorities or ESAs (the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority) have published a final report on draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) 2022/1288 to add disclosures to provide transparency about investments in taxonomy-aligned gas and nuclear economic activities.

The Joint Committee of the three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) has published an evaluation report on the EU Securitisation Regulation (Regulation (EU) 2017/2402—SECR). The report offers recommendations to enhance the effectiveness of Europe's securitisation framework, ensuring investor protection and financial stability. These recommendations will inform the European Commission’s review of the securitisation legislative framework, aiming to foster resilient and transparent securitisation markets in the EU.

The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published the final report on the draft implementing technical standards (ITS) regarding certain tasks of the collection bodies and functionalities of the European Single Access Point (ESAP). The ESAP is set to begin collecting data in July 2026, with publication expected by July 2027. The report has been sent to the European Commission for adoption.

The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published final reports on greenwashing. Each ESA provides a stocktake of the current supervisory response to greenwashing risks under their remit and notes that national competent authorities (NCAs) are already taking steps in the supervision of sustainability-related claims. The ESAs’ reports also set out how sustainability-related supervision can be gradually enhanced in the coming years.

The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published their joint guidelines for establishing a system to facilitate the exchange of information relevant to assessing the fitness and propriety of holders of qualifying holdings, directors and key function holders at financial institutions by competent authorities in accordance with the legislative acts referred to in Articles 1(2) of Regulation (EU) 1093/2010, Regulation (EU) 1094/2010 and Regulation (EU) 1095/2010 (the ESA’s Founding Regulations).

The European Supervisory Authorities (ESAs), comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), have published the list of designated critical ICT third-party providers (CTPPs) under the Digital Operational Resilience Act (Regulation (EU) 2022/2554) (DORA). The designations were made in accordance with the methodology mandated by DORA. The designated CTPPs provide a range of ICT services, from core infrastructure to business and data services, supporting financial entities of varying types and sizes across the EU. Through direct oversight engagement, the ESAs will assess whether these providers have appropriate risk management and governance frameworks in place to ensure the resilience of the services they deliver. The ESAs will continue to engage with CTPPs as part of upcoming examination activities.

The three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs) have published a summary report on their 2024 Dry Run exercise for reporting registers of information under the Digital Operational Resilience Act (DORA).