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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has responded to the European Commission proposal to amend the Markets in crypto-assets Regulation (MiCA) Regulatory Technical Standards (RTS). ESMA acknowledges the legal limitations raised by the Commission but emphasises the importance of the policy objectives behind the initial proposal. In …

ESMA responds to the Commission rejection of certain MiCA Technical Standards Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today updates to the Q&As on transparency and market structure issues[1], the Manual on post-trade Transparency and the Opinion on the assessment of pre-trade waivers considering MiFIR Review Transitional Provisions. ESMA is providing further practical guidance on the provisions …

ESMA updates guidance under the MiFIR Review Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, the European Commission and the European Central Bank announced today the next steps to support the preparations towards a transition to T+1. ESMA will also deliver its final report on shortening the cycle to the Council and the European Parliament in …

ESMA, ECB and EC announce next steps for the transition to T+1 governance Read More »

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today issued an Opinion on the European Commission’s (EC) rejection of the draft Implementing Technical Standards (ITS) on the registers of information under the Digital Operational Resilience Act (DORA). The ESAs raise concerns over the impacts and practicalities of the proposed EC changes to …

ESAs respond to the European Commission’s rejection of the technical standards on registers of information under the Digital Operational Resilience Act and call for swift adoption Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its first consolidated report on sanctions and measures imposed by the National Competent Authorities (NCAs) in Member States in 2023. In 2023, more than 970 administrative sanctions and measures were imposed across EU Member States in financial sectors …

ESMA publishes first consolidated report on sanctions Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today releasing a Public Statement on accounting for carbon allowances in the financial statements. ESMA takes stock of the different accounting approaches in the financial statements of European listed issuers regarding compliance market carbon allowances – specifically emission allowances, rights …

Improving financial reporting for issuers engaging in carbon allowance programmes Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing the 2024 EU Carbon Markets report. This first edition of the report is providing details and insights into the functioning of the EU Emissions Trading System (EU ETS) market. Key findings Prices and volatility: Prices in the EU …

ESMA publishes its first annual report on EU Carbon Markets Read More »

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today its Work Programme for 2025, placing particular emphasis on ongoing collaboration to tackle cross-sectoral risks, promoting sustainability in the EU financial system and strengthening financial entities’ digital resilience. More specifically, in addition to fostering regulatory consistency, adequate risk …

Joint Committee of the ESAs to focus on digital resilience and sustainability disclosures in 2025 Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today launched two consultations on transaction reporting and order book data under the Markets in Financial Instruments Regulation (MiFIR) Review. ESMA is seeking input on the amendments to the regulatory technical standards (RTS) for the reporting of transactions and to …

ESMA launches new consultations under the MiFIR Review Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter. Your one-stop-shop in the world of EU financial markets focuses in August and September on our Chair’s contributions at various events on the effectiveness and attractiveness of capital markets in the context of the …

ESMA publishes latest edition of its newsletter Read More »