ESMA to focus on supervision, sustainability, digitalization and the Capital Markets Union in 2022 The European Securities and Markets Authority (ESMA) published its 2022 Annual Work Programme (AWP), setting out its priority work areas for 2022: AWP 2022. Key areas of focus include: o the exercise of new,...
ESMA recently issued a consultation paper on the review of the Short Selling Regulation (SSR). In the consultation paper ESMA conducts a systematic review of the provisions of the SSR. Among other things ESMA sets out suggestions for operational improvements and policy clarifications on: The calculation of net...
ESMA recently issued a consultation paper setting out proposals for improvements to the MiFID II framework on best execution reports. Article 27 of MiFID II sets out best execution requirements which aim at ensuring that investment firms take all sufficient steps to obtain, when executing client orders, the...
Nine industry associations (AFME, AIMA, EAPB, EBF, EFAMA, FIA, ICI Global, ISDA, SIFMA AMG) – representing the broadest group of market participants – have written to European Commissioner Mairead McGuinness, respectfully requesting that the European Commission (EC) extend the EC equivalence decision for UK CCPs. This...
The European Commission has adopted its second annual Strategic Foresight Report. The communication presents the EU’s perspective on open strategic autonomy in a contested global order. It discussed the impact of Brexit, digital currencies, and instant payments. In the report, the Commission has highlighted 10...
ESAs highlight risks in phasing out of crisis measures and call on financial institutions to adapt to increasing cyber risks. The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued their second joint risk assessment report for 2021. The report highlights the increasing vulnerabilities across the...
En tant que représentant et porte-parole du secteur financier, Febelfin contribue à développer avec ses membres un système bancaire social et transparent. Nos innovations vont des investissements durables à la diversité du personnel bancaire en passant par les paiements mobiles utilisables partout et en tout temps. Febelfin...
In a letter dated 8 July 2021 addressed to the Council and the European Parliament, the European Commission stated that it will defer the application date of the draft regulatory technical standards (RTS) under the SFDR by six months: The Commission will bundle all 13...
Each link gives you access to the agenda/list of the related deep-diving sessions. These summaries contain feedback on exchanges of views in panel sessions between policy makers, regulators, industry and participants: well written ‘stock taking’ reports (priorities, issues and challenges ahead). Post-Covid recovery and stability Digitalisation and payments ESG...
The Appropriate Construction of and Conditions for the usage of a Consolidated Tape (1) With reference to our joint statement from 3 November 2020 (2), EFAMA and EFSA agree that an appropriately constructed Consolidated Tape (CT) could help to build deeper and more open capital markets...
