ESMA Work programme for 2021
ESMA has published its 2021 work programme.
ESMA’s planned activities in 2021 are intended to respond to the challenges faced by the EU, its citizens and capital markets, including developing a large retail investor base to support the Capital Markets Union (CMU), promoting sustainable finance and long-term oriented markets, dealing with the opportunities and risks posed by digitalisation, strengthening the EU’s role in global capital markets and ensuring a proportionate approach to regulation.
Additionally, the amendment of ESMA’s founding Regulation enhanced its role in direct supervision, supervisory convergence, investor protection, relations with third countries, sustainability and technological innovation. In 2021, ESMA’s focus will be largely on the execution of the tasks corresponding to these new responsibilities, and preparing for its new direct supervision mandates of benchmarks and data service providers that will begin in 2022.