Investor Protection & Intermediaries SC
CHAIR : Jean-Paul Servais, Chair of the Belgian CBFA
RAPPORTEUR : Sarah Raisin
The Investor Protection and Intermediaries Standing Committee undertakes ESMA’s work on issues relating to the provision of investment services and activities by investment firms and credit institutions. Particular regard is made to investor protection, including the conduct of business rules, distribution of investment products, investment advice and suitability.
In terms of policy, the Standing Committee is responsible for developing and providing technical advice to the European Commission, and for preparing technical standards, guidelines and recommendations relating to the provisions of the Markets in Financial Instruments Directive (MiFID) applicable to investment services and activities. This includes, for example, the authorisation of investment firms, conduct of business, organisational arrangements and pass-porting.
The Standing Committee also fosters supervisory convergence among national competent authorities in the area of investment services and activities.
A Consultative Working Group has been formed to assist the Standing Committee. The list of members is set out on the right.
Any correspondence regarding the work of this Standing Committee should be sent to the relevant ESMA staff member.