Day: July 12, 2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its first consultation package under the Markets in Crypto-Assets Regulation and invites comments from stakeholders by 20 September 2023. In this first of three consultation packages, ESMA is seeking input on proposed rules for crypto-asset service providers (CASPs), in …

ESMA seeks first input on detailed rules for crypto markets Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a Statement on securities lending to retail clients setting out the applicable requirements under the Markets in Financial Instruments Directive (MiFID II). The Statement highlights investor protection concerns related to securities lending and outlines the obligations of firms engaging …

ESMA highlights risks arising from securities lending to retail investors Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today releasing the Final Report on the feedback received to the 2022 Call for Evidence on pre-hedging. ESMA concludes that pre-hedging is a voluntary market practice which might give rise to conflicts of interest or abusive behaviours. Whereas ESMA does …

ESMA does not find evidence to ban pre-hedging but warns on risks Read More »