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🔗 Back to Summary. 🇫🇷 French Version: 2010R1095_FR.54. Open the PDF. Direct link to EUR-LEX.
Article 54 - Establishment
1.
The Joint Committee of the European Supervisory Authorities is hereby established.
2.
The Joint Committee shall serve as a forum in which the Authority shall cooperate regularly and closely and ensure cross-sectoral consistency with the European Supervisory Authority (European Banking Authority) and the European Supervisory Authority (European Insurance and Occupational Pensions Authority), in particular regarding: — financial conglomerates, — accounting and auditing, — micro-prudential analyses of cross-sectoral developments, risks and vulnerabilities for financial stability, — retail investment products, — measures combating money laundering; and, — information exchange with the ESRB and developing the relationship between the ESRB and the ESAs,
3.
The Joint Committee shall have a dedicated staff provided by the ESAs that shall act as a secretariat. The Authority shall contribute adequate resources to administrative, infrastructure and operational expenses.
4.
In the event that a financial market participant reaches across different sectors, the Joint Committee shall resolve disagreements in accordance with Article 56.