ESMA Securities and Markets Stakeholder Group
The Securities and Markets Stakeholder Group helps facilitate consultation by ESMA with stakeholders in areas relevant to ESMA’s tasks, such as the development of technical standards and guidelines.
The Group comprises 30 members, including five independent top-ranking academics, and representing in balanced proportions:
• Financial market participants operating in the EU
• Employee representatives of financial market participants
• Consumers
• Users of financial services
• Representatives of small and medium-sized enterprises
The Group is chaired by Guillaume Prache, and the Vice-Chairs are Judith Hardt and Peter de Proft.
Members of the Securities and Markets Stakeholder Group can submit opinions and advice to ESMA on any issue related to ESMA’s tasks, with particular focus on draft technical standards and guidelines, investigations of potential breaches of Union law by national competent authorities, building a common Union supervisory culture and consistent supervisory practices, peer reviews of national competent authorities and assessment of market developments. The Group publishes an annual work programme setting out its priorities for the coming year.
Further information about the Group including details of its members and the advice it has provided to ESMA can be found on the right and by using the links below.
SMSG meetings, including agendas and summaries of conclusions