European System of Financial Supervision (ESFS) - Financial definition
Concise definition of the term European System of Financial Supervision
The European System of Financial Supervision is a multi-layered framework for financial supervision in the European Union.
Comprehensive definition of the term European System of Financial Supervision
The ESFS is composed of:
- the European Systemic Risk Board,
- the three European Supervisory Authorities and
- the national supervisory authorities of EU member states