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Is EU-level financial oversight growing on governments? Look for clues tomorrow

By Fanny Roux ( March 19, 2025, 16:53 GMT | Comment) -- Strengthening EU-wide supervision of financial services is back on the agenda for the European Commission, which today put forward proposals as part of its “Savings and Investment Union.” Some EU member states remain skeptical, suggesting that debate might be heated at an EU leaders' summit tomorrow. Advocates for change hope that pressure in the wake of last autumn's Draghi report could provide momentum to those wanting more supervisory powers at EU level.The EU's executive arm is renewing its bid to strengthen supervision of financial services with upcoming proposals, according to a communication on a “Savings and Investment Union” released today....

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