SMSG
The Securities and Markets Stakeholder Group (SMSG) facilitates ESMA’s stakeholder consultation by providing technical advice on ESMA’s policies under development.
In particular, the SMSG is consulted on actions concerning regulatory technical standards and implementing technical standards and, guidelines and recommendations, to the extent that these do not concern individual financial market participants. The SMSG may also submit opinions and advice to ESMA on its own initiative, with a particular focus on promoting supervisory convergence and assessing market developments.
The SMSG may also submit a request to ESMA, as appropriate, to investigate the alleged breach or non-application of Union law.
Members
The SMSG is composed of 30 members appointed by ESMA’s Board of Supervisors, following an open and transparent selection procedure and taking into account geographical and gender balance. The SMSG members represent, financial market participants operating in the Union (13), their employees’ representatives (1), consumers (6), users of financial services (2), representatives of small and medium-sized enterprises (4) and independent top-ranking academics (4).
The current Chair of the SMSG is Professor Giovanni Petrella.
| Name | Nationality | Position |
|---|---|---|
| Academics | ||
| Barbara Alemanni | Italy | Full professor of financial markets and institutions, University of Genoa; Affiliate professor – financial markets and institution and Research fellow CAREFIN, Bocconi University |
| Gabriela Ariadna Dumitrescu | Romania | Associate Professor of Finance, ESADE Business School |
| Morten Kinander | Norway | Professor of Law, BI Norwegian Business School; Director Center for Financial Regulation, BI Norwegian Business School |
| Giovanni Petrella | Italy | Full Professor of Banking, Catholic University, Milan |
| Consumer Representatives | ||
| Monica Calu | Romania | Member in Advisory Council at the Central Level, National Authority for Consumer Protection, Bucharest |
| Kęstutis Kupšys | Lithuania | Vice President, Vartotojų Aljansas - Lithuanian Consumers Alliance |
| Aleksandra Maczynska | Poland | Acting Managing Director, BETTER FINANCE |
| Guillaume Prache | France | Executive President, Fédération des Associations Indépendantes de Défense des Epargnants pour la Retraite (FAIDER) - Federation of Independent Associations for Retirement Savers |
| Agustin Reyna | Belgium | Director General, Bureau européen des unions de consommateurs – the European consumer organisation (BEUC) |
| Christian Martin Stiefmueller | Austria | Senior Adviser, Research & Advocacy, Finance Watch |
| Users of Financial Services | ||
| Christiane Hölz | Germany | Lawyer, Managing Director, Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW) |
| Sari Lounasmeri | Finland | Chief Executive Officer of Pörssisäätiö - Finnish Foundation for Share Promotion |
| Employee Representatives | ||
| Chris Vervliet | Belgium | Deputy Secretary & Member of Select Committee European Works Council at KBC Group, KBC Asset Management, Brussels (Belgium); member UNIEuropa |
| Small and Medium Enterprises | ||
| Andrus Alber | Estonia | Member of the Supervisory Council, Swedbank Investment Funds; Member of the Board, Finance Estonia |
| Henning Bergmann | Germany | Chief Executive Officer of Der Mittelstandsverbund – ZGV e.V. - SME Groups Germany |
| Nikolaos Daskalakis | Greece | Advisor to GSEVEE, the Greek Confederation of SMEs |
| Ville Kajala | Finland | Senior Advisor, Company and Securities Law, Corporate Governance, Finland Chamber of Commerce |
| Financial Market Participants | ||
| Rosa Armesto | Spain | Director General, Federation of European Securities Exchanges (FESE); Lecturer, Solvay Brussels School of Economics and Management |
| Florence Bindelle | Belgium | Secretary General, EuropeanIssuers |
| Urban Funered | Sweden | Chief Executive Officer, Swedish Securities Markets Association; Chairman and Board Member, Swedsec Licensiering; Chairman and Board Member, International Council of Securities Associations |
| Stephane Giordano | France | Head of Regulatory Strategy Team for Investment Banking Activities, Société Générale; Chairman, L'Association française des marchés financiers (AMAFI) - French financial market association |
| Emma Lokko | Ireland | Head of Market Structure EMEA, Susquehanna International Group Limited |
| Ana Martínez-Pina | Spain | Partner, Lawyer of Financial Regulation, Gómez-Acebo & Pombo |
| Jacqueline Mills | Belgium | Managing Director, Head of Advocacy, Association for Financial Markets in Europe (AFME) |
| Nicolas Pfaff | France | Deputy Chief Executive and Head of Sustainable Finance, International Capital Market Association (ICMA) |
| Thomas Richter | Germany | CEO, BVI German Investment and Asset Management Association |
| Virginie Saade | France | Managing Director, Head of Government and Regulatory Policy, EMEA, CITADEL |
| Lucas Schmeddes | Netherlands | President & COO ICE Endex, Intercontinental Exchange |
| Miroslav Singer | Czechia | Chief Economist, Director for Institutional Relationships, Generali CEE Holding; Supervisory Board Deputy Chairman, Moneta Money Bank; Economics Lecturer, Prague University of Economics and Business |
| Tanguy van de Werve | Belgium | General Director, European Fund and Asset Management Association (EFAMA) |
Meetings
The SMSG meets at least four times a year and at least twice with the Board of Supervisors. The dates for the meetings are included in the general calendar.