Board of Supervisors

The main role of the Board of Supervisors is to make all policy decisions of ESMA.

The Board guides the work of the Authority and has the ultimate decision-making responsibility regarding a broad range of matters including the adoption of ESMA Technical Standards, Opinions, Guidelines and the issuance of advice to the EU institutions. The Board is supported by a number of ESMA standing committees and working groups who are dealing with technical issues.

In addition to the ESMA Chair, the Board of Supervisors is composed of the heads of the national competent authorities (NCAs) in the European Union (EU) and the European Economic Area (EEA) responsible for securities regulation and supervision with non-voting representatives from the European Commission, the European Systemic Risk Board (ESRB), the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Free Trade Association Surveillance Authority (EFTA Surveillance Authority). The Executive Director attends the Board.

The Board of Supervisors meets at least twice a year.

In accordance with Article 44(3) of the ESMA Regulation 1095/2010, the Board of Supervisors has adopted Rules of Procedure.

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The declarations of interests of the Board members and their alternates are available on the Ethics and Conflict of Interest page.

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National Competent Authorities and Board Members

The order of protocol for the Member States is alphabetical, based on the original written form of the short name of each country.

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ESMA

  Position Member Role
ESMA Chair Verena ROSS Member
ESMA Executive Director Natasha CAZENAVE
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National Competent Authorities

Country Authority Member Alternate
Belgium Belgium Financial Services and Markets Authority (FSMA) Jean-Paul SERVAIS Annemie ROMBOUTS
Bulgaria Bulgaria Комисията за финансов надзор (FSC) Mariya FILIPOVA Mariyan IVANOV
Czech Republic Czechia Česká národní banka (CNB) Vojtěch BELLING Karel JURÁŠ
Denmark Denmark Finanstilsynet Karen Dortea ABELSKOV Henrik BRARUP DAMGAARD
Germany Germany Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) Thorsten PÖTZSCH< Jens FÜRHOFF
Estonia Estonia Finantsinspektsioon (FSA) Andre NÕMM Kilvar KESSLER
Ireland Ireland Central Bank of Ireland Derville ROWLAND Patricia DUNNE
Greece Greece Ελληνική Επιτροπή Κεφαλαιαγοράς (HCMC) Vasiliki LAZARAKOU Nikolaos KONTAROUDIS
Spain Spain Comisión Nacional del Mercado de Valores (CNMV) Rodrigo 
BUENAVENTURA
Montserrat 
MARTÍNEZ
France France Autorité des Marchés Financiers (AMF) Jean-Claude HASSAN Benoît DE JUVIGNY
Croatia Croatia Hrvatska agencija za nadzor financijskih usluga (HANFA) Ante ŽIGMAN Jurica JEDNACAK
Italy Italy Commissione Nazionale per le Società e la Borsa (CONSOB) Carlo COMPORTI Paolo SAVONA
Cyprus Cyprus Επιτροπή Κεφαλαιαγοράς Κύπρου (CySEC) George THEOCHARIDES George KARATZIAS
Latvia Latvia Latvijas Banka Santa PURGAILE Kristaps SOMS
Lithuania Lithuania Lietuvos Bankas Vaidas CIBAS Audrius ŠILGALIS
Luxembourg Luxembourg Commission de Surveillance du Secteur Financier (CSSF) Claude MARX Françoise KAUTHEN
Hungary Hungary Magyar Nemzeti Bank (MNB) Gergő SZENICZEY  
Malta Malta Malta Financial Services Authority (MFSA) Christopher BUTTIGIEG Lorraine VELLA
Netherlands Netherlands Autoriteit Financiële Markten (AFM) Jos HEUVELMAN Hanzo VAN BEUSEKOM
Austria Austria Finanzmarktaufsicht (FMA) Eduard MÜLLER Birgit PUCK
Poland Poland Komisja Nadzoru Finansowego (KNF) Rafał MIKUSIŃSKI Agata GAWIN
Portugal Portugal Comissão do Mercado de Valores Mobiliários (CMVM) Luís LAGINHA DE SOUSA José Miguel ALMEIDA
Romania Romania Autoritatea de Supraveghere Financiară (ASF) Gabriel GRĂDINESCU Ovidiu PETRU
Slovenia Slovenia Agencija za trg vrednostnih papirjev (ATVP) Anka ČADEŽ Sabina BESTER
Slovakia Slovakia Národná Banka Slovenska (NBS) Peter TKÁČ Tomas AMBRA
Finland Finland Finanssivalvonta (FSA) Armi TAIPALE Maria REKOLA
Sweden Sweden Finansinspektionen (FI) Susanna GRUFMAN Marie JESPERSON
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European Economic Area members (non-voting)

Country Authority Member Alternate
Iceland Iceland Central Bank of Iceland Björk SIGURGÍSLADÓTTIR Páll FRIÐRIKSSON
Lieschtenstein Liechtenstein Finanzmarktaufsicht (FMA) Reto DEGEN To be appointed
Norway Norway Finanstilsynet Anne Merethe BELLAMY Geir HOLEN
  EFTA Surveillance Authority   Jonina SIGRUN LARUSDOTTIR
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EU institutions (non-voting)

Authority Member
European Commission Ugo BASSI
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European System of Financial Supervision

Authority Member
European Systemic Risk Board (ESRB) Francesco MAZZAFERRO
European Banking Authority (EBA) François-Louis MICHAUD
European Insurance and Occupational Pensions Authority (EIOPA) Fausto PARENTE
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