On 12 December 2025, the Council of the EU published its conclusions on simplifying the Union’s financial services regulation.

In the conclusions the Council calls on the European Commission to put forward ambitious simplification packages for the EU’s financial services regulation which should include clear priorities and timelines as well as planned initiatives. The Commission is also called on to consider improvements to the mandates of the European Supervisory Authorities (ESAs), including with a view to ensure better reporting and greater accountability towards the co-legislators and to facilitate the ESAs to adhere to the above principles.