The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published today the annual report concerning administrative and criminal sanctions as well as other administrative measures issued by National Competent Authorities (NCAs) under the Market Abuse Regulation (MAR).
A summary of the joint debate is now available.
A summary of the hearing is now available.
Update: a speech by Commissioner Vella was made available.
The key decisions taken by the Commission are presented below and grouped by policy area.
The Commission is also closing 146 cases in which the issues with the Member States concerned have been solved without the Commission needing to pursue the procedure further.
The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has published today its first report concerning sanctions and measures imposed under MiFID II by National Competent Authorities (NCAs).
The European Securities and Markets Authority (ESMA) has published today amended enforcement decisions regarding Nordea Bank, Svenska Handelsbanken, SEB, and Swedbank following a decision by the Board of Appeal of the European Supervisory Authorities (BoA).
The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has fined the trade repository Regis-TR S.A. €56,000, and issued a public notice, for negligently failing to provide to regulators direct and immediate access to details of derivative contracts.
The criminals carried out several money laundering schemes involving the transfer from fiat currency to virtual assets to hide the illegal origin of the proceeds. Some of the identified modi operandi used crypto ATMs and smurfing, a criminal method used to split illicit proceeds into smaller sums and placing these small amounts into the financial system to avoid suspicious transaction reporting.
Two cases concerning Svea Ekonomi, a financial credit company, have been processed at the Office of the Data Protection Ombudsman. As a result, the Data Protection Ombudsman has ordered the company to correct its practices in the processing of personal data related to the assessment of creditworthiness, the right of inspect one’s own personal data and notification practices.