EU Supervisory Authorities Set 2027 Priorities for Cyber Resilience and AI

The European Union’s three financial supervisory authorities will coordinate their 2027 agenda around digital resilience, emerging technology and consumer protection across the bloc’s financial sector.

The Joint Committee of the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA) and European Securities and Markets Authority (ESMA) published its annual work program on Oct. 13.

The agenda identifies digital operational resilience, technological innovation, sustainable finance, securitization and cross-sector risk monitoring as priority areas. The committee’s work is intended to support financial stability, coordinated supervision and consistent practices across the EU.

Under the Digital Operational Resilience Act (DORA), the authorities will continue oversight of critical information and communications technology providers that serve financial firms. They also will work to improve the sector’s ability to withstand cyber threats.

Artificial intelligence and other digital technologies will receive closer attention as the regulators assess their effects on financial markets and supervisory work. The focus expands the EU’s broader technology oversight, including ESMA’s 2027 priorities for crypto firms, which cover operational resilience, outsourcing and coordination under the Markets in Crypto-Assets Regulation.

Consumer protection remains another central part of the program. The authorities will coordinate on issues affecting retail customers, with the goal of helping them make informed financial decisions and promoting confidence in EU financial markets.

The committee also will support consistent application of the EU’s sustainability framework across financial sectors. Its work covers the banking, insurance, pensions and securities markets through the three authorities’ joint supervisory forum.

The 2027 program supports the European Commission’s effort to develop a Savings and Investment Union and simplify regulation. The agenda is designed to improve supervisory effectiveness while reducing unnecessary regulatory burdens.

The Joint Committee coordinates cross-sector supervisory work among the EBA, EIOPA and ESMA and promotes common approaches across the EU. Its priorities will guide joint activity during 2027.