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ESA’s joint committee prioritises digital resilience and sustainability in 2025

Posted on October 11, 2024 by Editor

european council

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) has released its 2025 Work Programme, focusing on enhancing digital resilience and sustainability disclosures across the EU financial system.

This continued collaboration aims to address cross-sectoral risks, promote regulatory consistency, and safeguard financial stability, while also protecting consumers and investors.

Top priorities for 2025 include advancing sustainability disclosures by providing further guidance and improving financial entities’ digital operational resilience. This will involve the launch of oversight for critical ICT third-party providers and the coordination of major ICT-related incidents, as outlined in the Digital Operational Resilience Act (DORA). Other areas of focus include monitoring financial conglomerates, scaling up innovative solutions in the financial sector, and addressing cross-sectoral issues like retail financial services and securitisation.

The Joint Committee plays a critical role in ensuring cooperation among the ESAs and promoting consistency across the EU’s financial regulatory framework. Its focus on sustainability and digital resilience reflects the growing importance of these areas in a rapidly evolving financial landscape.

For more details, you can read the full 2025 Work Programme of the Joint Committee here.

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