The Cyprus Ministry of Finance said Finance Minister Makis Keravnos met European Securities and Markets Authority Chair Verena Ross to discuss priorities linked to Cyprus's Presidency of the Council of the European Union. The talks focused on policies to strengthen financial stability in the European Union, the ongoing dialogue on integrating financial markets, and the supervision of markets. Keravnos said the Cypriot Presidency would give due attention to the file on a stronger and more effective role for ESMA, guided by proportionality, risk-based supervision and substantive supervisory convergence.
Ministry of Finance (Czech Republic) 2026-04-29
Cyprus Ministry of Finance discusses EU financial stability priorities and stronger ESMA role with ESMA Chair
The Cyprus Ministry of Finance said Finance Minister Makis Keravnos met European Securities and Markets Authority Chair Verena Ross to discuss priorities for Cyprus’s upcoming EU Council Presidency, focusing on financial stability, market integration and supervision. Keravnos said the Presidency would prioritise strengthening and enhancing ESMA’s effectiveness, guided by proportionality, risk-based supervision and supervisory convergence.