This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
The Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) is a Directorate-General (DG) of the European Commission. It is one of the thirty three DGs created and named to reflect their functions.
The main responsibilities of the Directorate-General FISMA include initiating and implementing EU policy in the areas of banking and finance, including the Capital Markets Union, and corporate reporting and auditing.
After the financial crisis that began in 2008, the EU responded with a series of reforms to ensure financial market stability and to enhance the supervision of financial markets.
The operational role of DG FISMA is to ensure that EU legislation is fully implemented, to monitor the effectiveness of these reforms and to respond to any further financial risks that may become apparent.
Organisation
According to its latest organogram, the DG FISMA is organized into five directorates:
- FISMA A - General affairs
- FISMA B - Horizontal policies
- FISMA C - Financial markets
- FISMA D - Banking, insurance and financial crime
- FISMA E - Financial stability, sanctions and enforcement
In the current legislature period (2019-2024) DG FISMA focuses on the achievement of one of the six top European Commission's political priorities, namely "An economy that works for people".
Personnel
Mairead McGuinness has been the EU Commissioner for this area since 2020; is the Director-General and he manages DG FISMA. David O'Sullivan, the EU's Sanctions Envoy, is based within this DG.
In 2020 the DG had 349 employees.
See also
- European Commissioner for Financial Stability, Financial Services and the Capital Markets Union
- Capital Markets Union
- European Coal and Steel Community (EGKS)
- Treaty of Rome
- Single European Act
- World Trade Organization (WTO)
References
- European Commission, Financial Stability, Financial Services and Capital Markets Union, accessed on 29 November 2024
- European Commission, Overview of the Capital Markets Union, accessed 9 May 2018
- European Commission, [1], accessed 12 Aug 2020
- European Commission, DG FISMA Organisation Chart dated 1 October 2024, English, accessed on 29 November 2024
- European Commission, European Commission, DG FISMA Mission Statement, accessed 12 Aug 2020
- European Commission, EU Sanctions Envoy David O’Sullivan, accessed on 29 November 2024
- "Number of staff by Directorate-General". Epthinktank. 2021-02-08. Retrieved 2023-05-02.
External links
- DG Financial Stability, Financial Services and Capital Markets Union
Author: www.NiNa.Az
Publication date:
wikipedia, wiki, book, books, library, article, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games, mobile, phone, android, ios, apple, mobile phone, samsung, iphone, xiomi, xiaomi, redmi, honor, oppo, nokia, sonya, mi, pc, web, computer
This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Directorate General for Financial Stability Financial Services and Capital Markets Union news newspapers books scholar JSTOR January 2016 Learn how and when to remove this message This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent sources January 2016 Learn how and when to remove this message Learn how and when to remove this message The Directorate General for Financial Stability Financial Services and Capital Markets Union DG FISMA is a Directorate General DG of the European Commission It is one of the thirty three DGs created and named to reflect their functions The main responsibilities of the Directorate General FISMA include initiating and implementing EU policy in the areas of banking and finance including the Capital Markets Union and corporate reporting and auditing After the financial crisis that began in 2008 the EU responded with a series of reforms to ensure financial market stability and to enhance the supervision of financial markets The operational role of DG FISMA is to ensure that EU legislation is fully implemented to monitor the effectiveness of these reforms and to respond to any further financial risks that may become apparent OrganisationAccording to its latest organogram the DG FISMA is organized into five directorates FISMA A General affairs FISMA B Horizontal policies FISMA C Financial markets FISMA D Banking insurance and financial crime FISMA E Financial stability sanctions and enforcement In the current legislature period 2019 2024 DG FISMA focuses on the achievement of one of the six top European Commission s political priorities namely An economy that works for people PersonnelMairead McGuinness has been the EU Commissioner for this area since 2020 is the Director General and he manages DG FISMA David O Sullivan the EU s Sanctions Envoy is based within this DG In 2020 the DG had 349 employees See alsoEuropean Commissioner for Financial Stability Financial Services and the Capital Markets Union Capital Markets Union European Coal and Steel Community EGKS Treaty of Rome Single European Act World Trade Organization WTO ReferencesEuropean Commission Financial Stability Financial Services and Capital Markets Union accessed on 29 November 2024 European Commission Overview of the Capital Markets Union accessed 9 May 2018 European Commission 1 accessed 12 Aug 2020 European Commission DG FISMA Organisation Chart dated 1 October 2024 English accessed on 29 November 2024 European Commission European Commission DG FISMA Mission Statement accessed 12 Aug 2020 European Commission EU Sanctions Envoy David O Sullivan accessed on 29 November 2024 Number of staff by Directorate General Epthinktank 2021 02 08 Retrieved 2023 05 02 External linksDG Financial Stability Financial Services and Capital Markets Union