The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has decided to extend the response date for all ongoing consultations with a closing date on, or after, 16 March by four weeks.
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is issuing a Public Statement to clarify issues regarding the application by firms of the MiFID II requirements on the recording of telephone conversations.
The European Securities and Markets Authority (ESMA) has issued a decision temporarily requiring the holders of net short positions in shares traded on a European Union (EU) regulated market to notify the relevant national competent authority (NCA) if the position reaches or exceeds 0.1% of the issued share capital after the entry into force of the decision.
Includes the Communications ” A New Industrial Strategy for Europe”, “The SME strategy for a sustainable and digital Europe”, “Identifying and addressing barriers to the Single Market”, “Long-term action plan for better implementation and enforcement of single market rules” and a document with Questions & Answers on the European Industrial Strategy Package.
Today, the Commission presents a new Strategy to help Europe’s industry lead the twin transitions towards climate neutrality and digital leadership. The Strategy aims to drive Europe’s competitiveness and its strategic autonomy at a time of moving geopolitical plates and increasing global competition. The package of initiatives outlines a new approach to European industrial policy that is firmly rooted in European values and social market traditions. It sets out a range of actions to support all players of European industry, including big and small companies, innovative start-ups, research centres, service providers, suppliers and social partners. A dedicated Strategy for small and medium-sized enterprises (SMEs) aims to reduce red tape and help Europe’s numerous SMEs to do business across the single market and beyond, access financing and help lead the way on the digital and green transitions. Today’s initiatives also include concrete steps to address barriers to a well-functioning single market, Europe’s strongest asset to allow all our businesses to grow and compete in Europe and beyond.
The TEG published its interim report on an EU Green Bond Standard (EU GBS) in March 2019 for public feedback. After evaluation of the feedback, the TEG published its final report in June 2019 with recommendations to the EC on principles as well as a draft model of an EU GBS (TEG EU GBS report). The TEG proposes that any type of listed or unlisted bond or capital market debt instrument issued by a European or international issuer that is aligned with the EU GBS should qualify as an EU Green Bond.
After taking into consideration a second round of feedback, which took place in summer 2019, the TEG published the final version of its report on 9 March 2020. The final report on EU taxonomy contains recommendations relating to the overarching design of the Taxonomy, as well as guidance on how companies and financial institutions can make disclosures using the taxonomy. The report is supplemented by a technical annex containing an updated list of technical screening criteria for economic activities that can substantially contribute to climate change mitigation or adaptation, including an assessment of significant harm to other environmental objectives.
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a common supervisory action (CSA) with national competent authorities (NCAs) on the application of MiFID II suitability rules across the European Union (EU). The CSA will be conducted during 2020.
The European Securities and Markets Authority (ESMA), the EU’s securities market regulator, today publishes its final Report on product intervention requirements under MiFIR.
The European Securities and Markets Authority (ESMA) has today issued an opinion on two product intervention measures taken by the National Competent Authority (NCA) of Norway.
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a Common Supervisory Action (CSA) with national competent authorities (NCAs) on the supervision of UCITS’ managers liquidity risk management across the European Union (EU). The CSA will be conducted during 2020
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its Strategic Orientation for 2020-22. The Strategic Orientation sets out ESMA’s future focus and objectives and reflects its expanded responsibilities and powers following the ESAs Review, and EMIR 2.2, which increases its focus on supervisory convergence, strengthens its role in building the Capital Markets Union (CMU) and gives it with more direct supervision responsibilities.
The European Commission welcomes the provisional political agreement reached yesterday evening between the European Parliament and the Council on its proposal to boost Crowdfunding in the EU. The proposal, a key building block of the Capital Markets Union, aims to harness the opportunities presented by emerging technology-enabled innovations in the financial sector, known as FinTech. With this agreement, 12 out of 13 Capital Markets Union legislative proposals have been adopted or agreed at EU level.
EP negotiating team reached a deal with the Council on Wednesday on EU-wide rules to help crowdfunding services function smoothly and foster cross-border business funding.
The EU will soon have in place new rules to improve the way crowdfunding platforms operate. The initiative is part of the capital markets union which aims at providing an easier access to new financing sources.
Finland’s presidency of the Council and the European Parliament reached a political agreement on a new framework which makes it easier for crowdfunding platforms to provide their services across the EU. Following finalisation of technical work, the deal will be submitted for endorsement by EU ambassadors.