supervisory convergence

  • ESMA Risk Management Function CSA: The 2026-2027 Supervisory Review

    On 3 July 2026, ESMA told every UCITS management company and alternative investment fund manager in the European Union that their risk management function is next in line for coordinated scrutiny. The announcement launched a Common Supervisory Action, an exercise ESMA will run with national competent authorities throughout 2026 and 2027, with a final report…

  • EBA Pillar 3 Peer Review: Uneven Disclosure Supervision in the EU

    On 2 July 2026 the European Banking Authority published the EBA Pillar 3 peer review of how competent authorities supervise Pillar 3 disclosures. Six supervisors were assessed against four benchmarks, and their scores ran the full length of the scale, from fully applied to not applied. For a reporting team the spread is the story:…

  • EBA Supervisory Convergence Report 2025: What It Means for SREP and Prudential Reporting

    Every summer a reporting team somewhere builds its data roadmap around the wrong supervisory priorities, then spends the following cycle explaining the gap. The EBA supervisory convergence report is the document that lets you avoid that. Published on 29 June 2026 as EBA/REP/2025/16, the 2025 edition sets out where prudential supervisors across the EU actually…