The EU has published a consultation document seeking feedback on the effectiveness and efficiency of the European Supervisory Authorities (ESAs) - the European Banking Authority, the European Securities and Markets Authority (which is responsible for implementation
of EMIR) and the European Insurance and Occupational Pensions Authority - and the European Systemic Risk Board (ESRB).
The public consultation is organised into five sections:
I. ESAs - Effectiveness and efficiency of the ESAs, Governance;
II. ESRB - mandate and experience with systemic risks; institutional framework and governance of ESRB; access to data; external relations and communication;
III. Cooperation and interaction between the ESAs (micro level) and ESRB (macro level);
IV. Structure of ESFS; and
Responses are sought by 19 July 2013