Directorate-General for Financial Stability, Financial Services and Capital Markets Union

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, third-party sources. (January 2016) (Learn how and when to remove this message)

(Learn how and when to remove this message)

Politics of the European Union
This article is part of a series on


Member states (27) Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden Candidate countries Albania Bosnia and Herzegovina Georgia Moldova Montenegro North Macedonia Serbia Ukraine Countries with suspended accession negotiations Turkey Applicant countries Kosovo Special territories Belgium–Germany relations France–Germany relations Germany–Netherlands relations EU 3 Withdrawal from the European Union
Treaties and Declarations Schuman Declaration (1950) Treaty of Paris (1951) Europe Declaration (1951) Spaak Report (1956) Treaty of Rome (1957) Euratom Treaty (1957) Merger Treaty (1965) Solemn Declaration (1983) Single European Act (1986) Maastricht Treaty (1992) Treaty of Amsterdam (1997) Treaty of Nice (2001) Berlin Declaration (2007) Treaty of Lisbon (2007) Article 7 Article 50 Opt-outs Treaties of accession 1972, 1979, 1985, 1994, 2003, 2005, 2011 Treaties of succession 1984, 2020 Other treaties Schengen Agreement (1985) European Economic Area Agreement (1992) Abandoned treaties and agreements European Constitution (2004) UK membership renegotiation (2015–2016)
Executive institutions European Council President: Michel (ALDE) Parties List of meetings European Commission Von der Leyen Commission President: Von der Leyen (EPP) Vice Presidents College of Commissioners Civil Service Secretary-General: Juhansone
Legislative institutions Legislative procedure Council of the EU Presidency Hungary (July–December 2024) Configurations GAC FAC ECOFIN Eurogroup AGRIFISH EPSCO COMPET TTE ENVI JHA EYC Voting Secretariat Secretary-General: Thérèse Blanchet Directorates-general Council preparatory bodies COREPER Council Working Parties European Parliament (Members) President: Metsola Largest groups EPP (Manfred Weber) S&D (Iratxe García) Member of the European Parliament 10th session (2024–2029) Bureau Vice Presidents Quaestor Conference National parliaments
Judicial institutions Court of Justice of the EU European Court of Justice Members Advocates General Rulings General Court
Auditory institutions European Court of Auditors European Court of Auditors Other auditory bodies Internal Audit Service of the Commission Committee on Budgetary Control of the Parliament Economic and Financial Affairs configuration of the Council Anti-Fraud Office Public Prosecutor's Office
European Central Bank President Lagarde ESCB EMU Euro banknotes Euro coins
Other bodies European Investment Bank Group Investment Bank Investment Fund EIB Institute European Stability Mechanism European Stability Mechanism European University Institute European University Institute Unified Patent Court Unified Patent Court Agencies, decentralised independent bodies and joint undertakings Decentralised agencies of the EU Single market agencies CFSP agencies AFSC agencies ESFS European Supervisory Authorities SRM bodies Executive agencies of the EU Euratom agencies Decentralised independent bodies of the EU European Institute of Innovation and Technology European Public Prosecutor's Office Corporate bodies of the EU European Data Protection Board Authority for European Political Parties and European Political Foundations Joint undertakings of the EU of the Euratom Other independent bodies European Data Protection Supervisor European Ombudsman Advisory bodies European Committee of the Regions European Economic and Social Committee Political and Security Committee European Union Military Committee EU/ESA Space Council Inter-institutional bodies Publications Office of the European Union European External Action Service European Personnel Selection Office Anti-Fraud Office European Administrative School
Euratom Euratom members Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden Associated states Switzerland United Kingdom Nuclear power in the European Union Euratom since 1 January 2021
Economic and Monetary Union Eurozone members Austria Belgium Croatia Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Eurogroup President Paschal Donohoe Other currencies in use Bulgarian lev Czech koruna Danish krone Hungarian forint Polish złoty Romanian leu Swedish krona ERM II Enlargement of the eurozone Non Euro countries relationship to Euro Bulgaria Czechia Denmark Hungary Poland Sweden Romania Eurozone since 2015
Schengen Area Austria Belgium Bulgaria Croatia Czech Republic Denmark Estonia Finland France Germany Greece Hungary Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden Non-EU members Iceland Liechtenstein Norway Switzerland Prüm Convention Schengen Information System Visa Information System Visa policy of the Schengen Area Non-Schengen area EU member states Cyprus Ireland (Opt-out) Schengen Area from January 2023
European Economic Area EEA members Austria Belgium Bulgaria Croatia (provisional member) Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden Non-EU members Iceland Liechtenstein Norway Topics EEA Joint Committee EEA National Identity cards Microstates and the European Union European Economic Area
Elections Elections to the European Parliament European parties European foundations Political groups of the European Parliament Spitzenkandidat Constituencies Apportionment Referendums related to the EU European elections 1979 1984 1989 1994 1999 2004 2009 2014 2019 2024 (latest election) Elections in EU member states Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden
Law Acquis Primacy (ECJ Case 6/64) Subsidiarity Regulation Directive Decision Recommendation Fundamental Rights
Policies and issues Budget Customs Union Free Trade Agreements European Single Market Area of FS&J Policies Agricultural Energy Fisheries Regional Citizenship Passports of the European Union Identity Pro-Europeanism Euroscepticism European banking union European Banking Supervision Single Resolution Mechanism Capital Markets Union European System of Financial Supervision Integration Supranationalism European Federation Multi-speed Europe Enhanced cooperation
Foreign relations High Representative Josep Borrell Ext. Action Service Foreign Policy Defence Policy Foreign relations of EU member states Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden Argentina–European Union relations Armenia–European Union relations Australia–European Union relations Brazil–European Union relations Canada–European Union relations China–European Union relations European Union–NATO relations Georgia–European Union relations Iceland–European Union relations Kazakhstan–European Union relations Japan–European Union relations Mexico–European Union relations Moldova–European Union relations Norway–European Union relations Russia–European Union relations Switzerland–European Union relations Turkey–European Union relations Ukraine–European Union relations United Kingdom–European Union relations (History) Post-Brexit United Kingdom relations with the European Union Brexit United States–European Union relations Common Travel Area (Ireland) Microstates and the European Union European Union and the United Nations European Union Association Agreement G7 G20
Defunct bodies European Communities (1958–1993) European Coal and Steel Community European Economic Community European Community Western European Union Convention on the Future of Europe
European Union portal Other countries
v t e

The Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) is a Directorate-General (DG) of the European Commission.^[1] 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,^[2] and corporate reporting and auditing.^[3]

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

[edit]

According to its latest organogram, the DG FISMA is organized into five directorates:^[4]

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".^[5]

Personnel

[edit]

Mairead McGuinness has been the EU Commissioner for this area since 2020; John Berrigan is the Director-General and he manages DG FISMA. David O'Sullivan, the EU's Sanctions Envoy, is based within this DG.^[1]^[6]

In 2020 the DG had 349 employees.^[7]

References

[edit]

^ ^a ^b 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

[edit]

DG Financial Stability, Financial Services and Capital Markets Union

v t e Administration of the European Commission
Table of European Commission Directorates-General and Services DG = Directorate-General
Civil Service	Directorates-General Cabinets Comitology EPSO Civil Service Tribunal
Policy DGs	Agriculture and Rural Development Climate Action Communications Networks, Content and Technology Competition Defence Industry and Space Economic and Financial Affairs Education and Culture Employment, Social Affairs and Equal Inclusion Internal Market, Industry, Entrepreneurship and SMEs Environment Health and Food Safety Migration and Home Affairs Financial Stability, Financial Services and Capital Markets Union Joint Research Centre Justice and Consumers Maritime Affairs and Fisheries Regional and Urban Policy Research and Innovation Taxation and Customs Union Mobility and Transport Energy
External DGs	Service for Foreign Policy Instruments Neighborhood and Enlargement Negotiations Trade International Cooperation and Development European Civil Protection and Humanitarian Aid Operations
General Services	Communication Eurostat HERA OLAF Publications Secretariat-General Secretary-General Europe by Satellite Structural Reform Support Service
Internal Services	Budget European Political Strategy Centre Digital Services Data Protection Officer Infrastructures and Logistics (Brussels & Luxembourg) Internal Audit Service Interpretation Legal Service PMO Human Resources and Security Translation
Buildings	Berlaymont Breydel Charlemagne Convent Van Maerlant Euroforum Jean Monnet 2 Joseph Bech Madou Plaza Tower Missions Triangle building
European Union portal

Organisation

Personnel

See also

References

External links