The ESAs have participated in a hearing at ECON. Among other issues, EIOPA asked for direct access to firms' information without the need for a case-by-case discussion and for centralised powers to oversee internal models. EBA called for a stronger legal basis to better support its effort in the area of consumer protection, which it has so far based on corporate governance and internal control provisions in the prudential Directives. (Source: EIOPA Statement and EBA Statement)