ESAs annual report highlights progress on digitalisation priority
The Joint Committee of the European Supervisory Authorities (ESAs), comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), celebrated advancements in digitalisation in its recently published annual report for 2025.
The report sets out the main priorities and achievements of the ESAs cross-sectoral work over the past year. A significant strand of work during the year was the implementation of the Digital Operational Resilience Act (DORA). The ESAs delivered the full set of technical standards, established oversight structures for critical third-party technology providers, and designated an initial group of such providers for EU-level supervision. Alongside this, work progressed on enhancing cyber incident coordination and information sharing across authorities, reflecting the growing importance of ICT-related risks to financial stability.
The ESAs also advanced progress on the European Single Access Point (ESAP), the EU’s forthcoming centralised platform for regulated financial and sustainability information, which will draw structured digital data together. Further work covered continued improvements in disclosures under the Sustainable Finance Disclosure Regulation (SFDR) and the development of ESG stress testing guidelines.
The report notes the ESAs’ contribution to ensuring that the regulatory and supervisory framework aims to remain fit for an increasingly digital financial environment.
It’s encouraging that Europe’s supervisory bodies continue to emphasise digitalisation as a core priority, not as a technical afterthought.
Read the full report here.
