1. The Joint Committee of the European Supervisory Authorities is hereby established.

2. The Joint Committee shall serve as a forum in which the Authority shall cooperate regularly and closely to ensure cross-sectoral consistency, while considering sectoral specificities, with the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority), in particular regarding:

- financial conglomerates and, where required by Union law, prudential consolidation,

- accounting and auditing,

- micro-prudential analyses of cross-sectoral developments, risks and vulnerabilities for financial stability,

- retail investment products,

- cybersecurity,

- information and best practice exchange with the ESRB and the other ESAs,

-retail financial services and depositor, consumer and investor protection issues;

- advice by the Committee established in accordance with Article 1(6).