Standing Committees
Standing Committees and other bodies
Much of ESMA’s work is supported by Standing Committees (SC), working groups and task forces, which draw together senior experts from National Competent Authorities (NCAs). The different ESMA SCs are established on a permanent basis. Each Committee is normally chaired by senior representatives of NCAs and supported by ESMA staff who act as rapporteurs. All SCs also have consultative working groups made up of external stakeholder representatives.
ESMA’s SCs prepare the technical work on all areas of ESMA’s activities. However, the ultimate decision making body of ESMA is the Board of Supervisors, whereas the Management Board deals with the management of the Authority.
CCP Policy Committee
| Mandate | Chair |
|---|---|
|
Klaus Löber, ESMA |
Consultative Working Group
Jan Axelsson - Chief Compliance Officer, NASDAQ Clearing AB
Jan Bart de Boer – Board member, ABN AMRO clearing Bank NV
Niels Brab - Head of Group Regulatory Strategy, Government Relations & Political Affairs, Deutsche Boerse
Fernando Cerezetti – Risk Director, ICE Clear Europe
Isabelle Drinkuth - Head of capital Markets Legal Department, Amundi Asset management
Esther Durango Archilla - Head of Governance & Regulation, BME CLEARING
John Fennell - Chief Risk Officer, The Options Clearing Corporation
Pedro Gurrola-Perez - Head of Research, World Federation of Exchanges
Christophe Hemon – CEO, LCH S.A.
Pablo Iglesias-Rodríguez - Senior Lecturer in International Finance Law, University of Sussex
Ulrich Karl - Head of Clearing Services, International Swaps and Derivatives Association, Inc. (ISDA)
Marcus Knappe - Director CCP Risk Management, European Commodity Clearing AG
Rafael Plata - Secretary General, European Association of CCP Clearing Houses (EACH)
Paolo Saguato - Assistant professor of Law, George Mason University Antonin Scalia Law School
Loubna Serrar - Strategic Oversight Clearing Officer, BNP Paribas
Michalis Sotiropoulos - Executive Director, DTCC
Isabella Tirri – Manager, Borsa Italiana Group
Sabrina Wilson - Global Co-Head Futures, Clearing and FX Prime Brokerage, Citigroup (CGML)
CCP Supervisory Committee
| Mandate | Chair |
|---|---|
|
Klaus Löber, ESMA |
Committee for Economic and Markets’ Analysis - CEMA
| Mandate | Chair |
|---|---|
|
Carmine Di Noia Consob, Italy |
Consultative Working Group
Barbara Alemanni - Full Professor of Financial Markets and institutions, University of Genoa
Stefano Battiston - Professor at Dept. Banking and Finance of the Univ. of Zurich, Director of the FINEXUS Center for Financial
Networks and Sustainability, University of Zurich
John Cotter - Professor of Finance and Chair in Quantitative Finance, Smurfit School of Business, University College Dublin
Hans Degryse - Research Professor of Finance, KU Leuven
Gabrielle Demange - Directeur d'Etudes at EHESS, Associate Chair Paris School, Paris School of Economics
Manuela Geranio - Adjunct Professor, Department of Finance, Bocconi University
Bjoern Hagstromer - Associate Professor in Finance, Stockholm Business School
Christoph Kaserer - Full Professor and Department Head, Technical University Munich
Maik Schmeling - Professor of Finance, Goethe University Frankfurt
Sylvain Broyer - EMEA Chief Economist, S&P Global
Svetlana Butvina - Director, Risk and Quantitative Analysis, Blackrock
Sean S. Collins - Senior Director of Industry and Financial Analysis, Investment Company Institute and ICI Global
William De Vijlder - Group Chief Economist, BNP Paribas
Alexandra Hachmeister - Chief Regulatory Officer, Deutsche Boerse
Stefan Hofrichter - Head of Global Economics and Strategy, Allianz Global Investors
Dennis McLaughlin - Chief Risk Officer, LCH.Clearnet
Ognian Mihaylov - Chief Risk Officer, Optiver Europe
Andreas Zubrod - Partner Asset Management, KPMG AG
Commodity Derivatives Task Force - CDTF
| Mandate | Chair |
|---|---|
|
Robert Ophèle, AMF |
Consultative Working Group
Jason Berry - Director & Head of Trading, Positive Equity
Sara Colmenar - Business Development Manager, BME Group Derivatives
Gerfried Kroemer - Senior Advisor, Shell
Elżbieta Rąbalska - Managing Director, Platts Benchmarks B.V.
Olivier Raevel - Directeur Général Europe, Griffin
M. Nicholas Kennedy - Head of Commodities, Euronext
Nikos Triantafyllidis - Group Financial & Energy Markets Compliance Manager, OMW
Enrico Mandelli - Senior Manager, Derivatives Markets Surveillance, Borsa Italiana
Karl-Peter Horstmann - Head of Markets Regulation, RWE Supply & Trading
Jethro van Hardeveld - Director Regulatory Policy, ICE Endex
Maria Dolores Garcia - Deputy Director of International Regulation, Endesa
Paloma Labaig - Market Regulation Officer, Engie-Electrabel
Cemil Altin - Head of Regulatory Affairs, EDF Trading
Anje Stiers - Senior Political and Regulatory Affairs Expert, European Energy Exchange AG
Berry Goss - Founding Director, Futures Markets Research Associates
Daniela Nigro - Head of Financial and Market Integrity Compliance, Enel SpA
Pablo Villaplana - Chief Operating Officer, OMIClear
Jorg Sperling - Head of Regulatory Reporting Department, EON SE
Corporate Finance Standing Committee - CFSC
| Mandate | Chair |
|---|---|
|
Benoit de Juvigny, AMF, France |
Consultative Working Group
Stefan Balazs - Senior Associate at Baker McKenzie Stockholm (Law Firm)
Boris Bartel - Director, Deputy Head of Political, European and International Affairs, Association of German Public Banks
Marco Becht - Professor of Finance, Executive Director and Fellow, European Corporate Governance Institute (ECGI)
Charlotte Bellamy - Senior Director, Primary Markets, Market Practice and Regulatory Policy, International Capital Market Association
Jella Benner-Heinacher - Chief Managing Director (Deputy) at DSW, Vice-President at Better Finance
Jose Francisco Estevez - Managing partner at Cremades & Calvo-Sotelo Abogados, Chair of the Better Finance Legal Committee
Gonzalo García-Fuertes Iglesias - Partner at Corporate/Mercantile Law Department at J&A Garrigues, S.L.P.
Matteo Gargantini - Assistant Professor of European Economic Law, Faculty of Law, Economics and Governance, University of Utrecht
Katarzyna Grodziewicz - Senior Associate (Corporate & M&A Department), CMS, Cameron McKenna Nabarro Olswang
Piet Hemschoote - Partner Standard Assurance Services at EY Réviseurs d’Entreprises SRL
Camille Leca - Chief Operating Officer Listing, Chief Executive Officer Enternext, Head of listing France
Andreas Meyer - Managing Director and Associate General Counsel, Head of Legal Corporate Finance for Germany
Jacques Molgo - Deputy Chief Financial Officer, Air Liquide
Andrea Pane - Deputy Head of Public Affairs
Daniela Peeva - Chairperson, Investor Relations Director, Association of the Bulgarian Investor Relations Directors
Isabella Porchia - Corporate Attorney, Latham & Watkins
Enric Rello - COO and CFO, Oryzon Genomics S.A.
Alexander Russ - Attorney at law, RA Kanzlei Dr Alexander Russ in Kooperation with Doralt Seist Csoklich
Corporate Reporting Standing Committee - CRSC
| Mandate | Chair |
|---|---|
|
Annemie Rombouts, FSMA, Belgium |
Consultative Working Group
Emmanuel Besson – Portfolio Manager, Deux-ville AM, Accounting and Financial Analysis Commission, SFAF (Société Française des Analystes Financiers)
Arjan Brouwer – Chief Accountant, National Office, PwC & Member of Corporate Reporting Policy Group, Accountancy Europe
Tanja Castor – Senior Expert Sustainability Strategy, Integrated Reporting & Sustainable Finance, BASF
Guillermo Cruz Carretero – Financial Reporting Senior Manager, Repsol
Emmanuelle Guyomard – Head of Group Technical Accounting, Sanofi
Scott Winfield Hanson – Director, Public Policy & Regulation, IFAC (International Federation of Accountants)
Ramon Dirk Jubels – Chief Operational Officer, Department of Professional Practices, KPMG Europe, Middle East and Africa (EMA)
Karin Martikainen – Director, Group Finance, UPM-Kymmene
Carole Masson – Partner, Financial Reporting Advisory, Mazars
Javier Mora – Manager, XBRL Spain
Iñigo Olaizola Arguiarro – Head of Planning and Reporting on Non-Financial Information, Iberdrola
Pasi Päällysaho – Senior Manager, Group Accounting, Kemira
Laurence Rivat – Partner, EU Corporate Reporting Policy Leader, Global IFRS Leadership Team, Deloitte
Ezio Santroni – Manager, Accounting Principles and Regulations Competence Center, Eni
Simone Scettri – Assurance Managing Partner, Chairman of the Italian EY Audit Firm, Ernst & Young
Ryan Spiteri – Director Head of EMEA Financial Reporting, BlackRock Asset Management
Stefan Wich – Director Group Accounting - Head of Group Accounting Standards, Merck
Stefano Zambon – Full Professor of Accounting and Business Economics, Department of Economics and Management, University of Ferrara & Secretary General, O.I.B.R. (Italian Foundation for Business Reporting)
Data Standing Committee - DST
| Mandate | Chair |
|---|---|
|
Christopher Buttigieg, MFSA, Malta |
Financial Innovation Standing Committee - FISC
| Mandate | Chair |
|---|---|
|
Birgit Puck, FMA, Austria |
Consultative Working Group
Linn Anker-Sorensen - Nordic lead on Decentralized Finance, Tax & law (senior manager), EY Norway
Jeffrey Bandman - CEO & Founder of Bandman Advisors and BlockAgent, co-Founder & lead for regulatory engangement in GDF, Bandman Advisors, BlockAgent, Global Digital finance, University of Nicosia
Keith Bear - Fellow, Cambridge Judge Business School, Centre for Alternative Finance
Marie Briere - Head of Investor Research Center, Amundi
Michael Coletta - Head of Fintech Innovation & Strategy, London Stock Exchange Group
Desislav Danov - Co-founder and Managing Director, NGO Fintechguardian
Katherine Foster - Executive Strategy Officer and Climate Finance Lead, Open Earth Foundation
Albert Gallo - Head of macro strategies and portfolio manager, Algebris Investments
Karel Lannoo - Chief Executive Officer, Centre for European Policy Studies
Cecile Nagel - Chief Executive Officer, EuroCCP
Chinedum Nzelu - Global Head of Macro Electronic Trading, JP Morgan
Robert Patalano - Deputy Head of Division, Manager of the Committee on Financial Markets, OECD
Emilie Rieupeyroux - Head of Innovation, Euronext
Neil Ryan - Chief Operations Officer, Corlytics Limited
Christian M Stiefmueller - Senior Adviser, Research & Advocacy, Finance Watch AISBL
Kirsti Suopelto - Head of digitalisation, Finance Finland
James Thewissen - Professor of Finance, Universite Catcholique de Louvain
Fabian Vandendreydt - Innovation and FinTech advisor, faculty member, FabianVDR Advisory, Motive Partners, ADGM Academy, European Digital Finance Association, Star, CFTE, Applied Innovation Institute, World Business Angle Forum, Genome
Kristjan Verbic - President, Board Member, VZMD, Better Finance
Martin Wagner - Head of Regulatory Affairs and Regulatory Management, Stuttgart Stock Exchange Group
Dirk Zetsche - Professor of Financial law, University of Luxembourg
Investor Protection and Intermediaries Standing Committee - IPISC
| Mandate | Chair |
|---|---|
|
Rodrigo Buenaventura, CNMV, Spain |
Consultative Working Group
Emanuele Marie CARLUCCIO - Full Professor of banking and finance, Bocconi University, Milan
Bartosz DZIEMASZKIEWICZ - Vice-President, Polish Individual Investors’ Association
Claire GLASER, Head of risk intelligence for the Protection of interests of Clients - Compliance, BNP PARIBAS
Gianluigi GUGLIOTTA - Secretary General, ASSOSIM
Arne HERTEL - Head of Capital Markets, German Savings Banks Association
Armin J. KAMMEL - Head of Legal & International Affairs, VOEIG, Member of Board of Directors, EFAMA and Prof (FH) at Lauder Business School Vienna
Katja KIRCHSTEIN - Senior Advisor, DDV
Niels LEMMERS - Legal and Public Affairs Director, Dutch Investors’ Association (VEB)
Sue LEWIS - Trustee Director, The People’s Pension
Sara LINDHOLM MITELMAN - General Counsel, Swedish Securities Dealers Association
Paola MUSILE TANZI - Full Professor of banking and finance, University of Perugia
Satu NOUSIAINEN - General Counsel, Asset and Wealth Management, Nordea Bank
José Ramon OULEGO ERROZ - Lawyer, ADICAE
Rui RIBEIRO - Senior Financial Analyst, Deco Proteste
Belén RICO AREVALO - Head of Compliance, Spain and Portugal, BBVA
Ingo SPEICH - Head of Sustainability and Corporate Governance at Deka Investment
Marc-David WEINBERGER - Lawyer at the Brussels Bar, Research Assistant with the Centre for Private Law of the Université libre de Bruxelles
Richard WITHERS - Head of government relations, Europe-Vanguard Asset Management
Investment Management Standing Committee - IMSC
| Mandate | Chair |
|---|---|
|
Gabriela Figueiredo Dias , CMVM, Portugal |
Consultative Working Group
Christian Ahlers – Policy Officer Team Financial Markets, Federation of German Consumer Organisations
Cosmina Amariei – Researcher, European Capital Markets Institute
Estelle Beretta – CRO Investment Fund Ranges, NN Investment Partners
Antonio Blandini – Full Professor of Business Law, Università Federico II, Naples, Italy
Victoria Brown – Managing Director, Aberdeen Standard Investments
Federico Cupelli – Senior Regulatory Policy Advisor, European Fund and Asset Management Association (EFAMA)
Luis Fernão de Moura Torres Souto – Executive Board Member, Square Asset Management - Sociedade Gestora de Organismos de Investimento Coletivo S.A.
Elise Dufour-Olivier – Senior Regulatory Officer, BNP Paribas Asset Management
Olivier Fines – Head of Advocacy and Capital Markets Policy Research EMEA, CFA Institute
Philip Hanssens – Chief Compliance Officer, Europe and Management Company Conducting Officer, Fidelity International - FIL Holdings (Luxembourg) S.A.
Caitriona McCrohan – Head of Legal, UK and Ireland, Vanguard Asset Management, Limited
Jean Medernach – Chairman Investas, PKF Audit & Conseil
Ana Montero – Head of Product, EMEA Legal (Senior Legal Counsel), Invesco
Antonella Narducci – Compliance specialist &Head of AML&CTF, FinecoBank SpA
Alberto Ruiz Sedano – Financial Analyst, OCU (Organización Consumidores y Usuarios)
Zöhre Tali – Head of Regulatory, APG Asset Management N.V.
Annke von Tiling – Senior Manager, Warth & Klein Grant Thornton AG
Artur Zapała – Partner, SPCG law firm
IT Management and Governance Technical Committee - MGTC
| Mandate | Chair |
|---|---|
|
Nicolas Vasse, ESMA |
Market Integrity Standing Committee - MISC
| Mandate | Chair |
|---|---|
|
Rodrigo Buenaventura, CNMV, Spain
|
Post-Trading Standing Committee PTSC
| Mandate | Chair |
|---|---|
|
Carmine Di Noia, CONSOB, Italy |
Consultative Working Group
Francois Baratte - Senior Industry Affairs Adviser, Association of the Luxembourg Fund Industry (ALFI)
Francisco Béjar - Deputy General Manager, Iberclear
Haroun Boucheta - Head of Public Affairs, BNP Paribas
James Cunningham - Senior Advisor, The Bank of New York Mellon
Adrian Dale - Head of Regulation and Market Practices, International Securities Lending Association (ISLA)
Mauro Lorenzo Dognini - CEO, Monte Titoli
Ondřej Dusílek - CEO, CSD Prague
Anne-Pascale Malréchauffé - Head of Regulatory Strategy & Compliance, Clearstream Banking
Pierre Marsal - Attorney at law, Association Nationale des Sociétés par Actions (ANSA)
Janne Palvalin - Head of Sector & Infrastructure, Nordea Bank
Ilse Peeters - Head of Government Relations, Euroclear
Corentine Poilvet-Clediere - Head of RepoClear, Collateral and Liquidity Management, London Stock Exchange Group
Christina Tarnanidou - Assistant professor, Athens University of Economics and Business
Marcello Topa - Director EMEA Market Policy & Strategy, Citibank
Andrea Tranquillini - CEO, ID2S
Jan Mark van Mill - Head of Treasury and Trading, APG Asset Management
Melanie Weber - Senior Vice President Clearing Design and Transaction Management, Eurex Clearing
Alexander Westphal - Director of Market Practice and Regulatory Policy, International Capital Market Association (ICMA)
Secondary Markets Standing Committee - SMSC
| Mandate | Chair |
|---|---|
|
Robert Ophèle, AMF, France |
Consultative Working Group
Gary Chia-Hsing Li - Saxo Bank A/S, Head of Regulatory Affairs
Mario Muth- Deutsche Bank AG, Head of eFixed Income Sales and Market Structure, Head of Listed Derivatives and Platform Sales, EMEA
Marion Spielmann - DekaBank, COO Banking
Matthieu Wiltz - JPMorgan Securities plc, Head of Markets & IS Sales for Continental Europe, Head of Markets & IS Sales for Continental Europe
Global Co-Head of Credit, SPG & Public Finance Sales
Stephane Giordano - Société Generale, Managing Director and Head of Regulatory Strategy for Investment Banking, Chairman AMAFI
Beatriz Alonso-Majagranzas - BME, Equity Director
David Howson - Cboe Europe, President
Henrik Husman - Nasdaq, President Nasdaq Helsinki and Vice President Head of Cash Equities Europe
Sander Schol - BGC Partners / Aurel, Head of Regulatory Strategy for Europe & Asia
Severine Vandelanoite - Deutsche Boerse AG, Senior Vice President, Products and Regulation
Jennifer Keser - Tradeweb, Head of Regulation & Market Structure
Giuseppe Catalano - Company Secretary and Head of Corporate Affairs, Assicurazioni Generali SpA
Daniel Neeteson - Optiver Europe, Corporate Strategist
Simon Gallagher - Euronext, Head of Cash and Derivatives and Member of Extended Managing Board
Poul Kjær - Copenhagen Business School, Associate Professor
Geoffroy Vander Linden - MarketAxess and Trax Netherlands, Country Head
Que Phuong Dufournet-Tran - IHS MARKIT, Director Trading Services & Analytics, Regulatory Affairs
David Furlong - CEO, Virtu Financial Ireland Ltd.
Cristoph Hock - Union Investment, Head of Multi-Asset Trading
Rebecca Healey - Redlap Consulting, Managing Partner
Supervisory Convergence Standing Committee - SCSC
| Mandate | Chair |
|---|---|
|
Jos Heuvelman, AFM, Netherlands |
Senior Supervisors’ Forum - SSF
| Mandate | Chair |
|---|---|
|
Jos Heuvelman, AFM, Netherlands |