The EESC issues between 160 and 190 opinions and information reports a year.
It also organises several annual initiatives and events with a focus on civil society and citizens’ participation such as the Civil Society Prize, the Civil Society Days, the Your Europe, Your Say youth plenary and the ECI Day.
The EESC brings together representatives from all areas of organised civil society, who give their independent advice on EU policies and legislation. The EESC's326 Members are organised into three groups: Employers, Workers and Various Interests.
The EESC has six sections, specialising in concrete topics of relevance to the citizens of the European Union, ranging from social to economic affairs, energy, environment, external relations or the internal market.
agrees on the need for corrective action to improve the operation of the European System of Financial Supervision (ESFS).
calls for the promotion of measures to facilitate coordination between the ESFS, the new SSM arrangement and the Single Resolution Mechanism (SRM.
demands the rationalisation of the regulatory functions of the ESFS institutions with a view to simplifying the regulatory framework and making procedures more transparent and effective.
asks for a medium-term strategy designed to bring about a process of organisational and functional consolidation on the part of the supervisors (by considering the possibility of a single seat and the adoption of a twin peaks model.)
demands the promotion of mechanisms to support the priorities of the eurozone countries with particular reference to the banking market and single supervisory mechanisms that make specific provision for membership of non-eurozone countries.
calls on the ESRB's Advisory Scientific Committee and relevant ESA committees or expert groups - having obtained the opinion of the stakeholder groups – to make specific proposals for improvement;
calls on the European Commission to assess the feasibility of more structural measures regarding the organisation of the ESFS and the authorities' funding mechanisms.