Directorate-General for Financial Stability, Financial Services and Capital Markets Union

The main responsibilities of the Directorate-General FISMA include initiating and implementing EU policy in the areas of banking and finance, including the Capital Markets Union,[2] and corporate reporting and auditing.

The operational role of DG FISMA is to ensure that EU legislation is fully implemented, to monitor the effectiveness of these reforms and to respond to any further financial risks that may become apparent.

According to its latest organogram, the DG FISMA is organized into five directorates:[4] In the current legislature period (2019-2024) DG FISMA focuses on the achievement of one of the six top European Commission's political priorities, namely "An economy that works for people".

[5] Mairead McGuinness has been the EU Commissioner for this area since 2020; John Berrigan is the Director-General and he manages DG FISMA.

David O'Sullivan, the EU's Sanctions Envoy, is based within this DG.