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Peer reviews

Peer reviews

To further strengthen consistency in supervisory outcomes ESMA periodically organises and conducts peer reviews on some of the activities of national competent authorities. To ensure objective assessment and comparison between the authorities reviewed the peer reviews are conducted according to:

    Peer reviews and follow-up reports by ESMA


    Date Topic Follow-up
    March 2021 2020 Mandatory CCP Peer Review  
    November 2020 Fast track peer review on the application of the Guidelines on the enforcement of financial information by BaFin and FREP in the context of Wirecard  
    December 2019 Peer review on the collection and use of STORs under MAR as a source of information in market abuse investigations  
    October 2019 Peer review into supervisory actions aiming at enhancing the quality of data reported under EMIR  
    July 2019 2018 Mandatory CCP Peer Review  

    July 2018

    Peer Review on the Guidelines on ETFs and other UCITS issues


    December 2017 2017 Mandatory CCP Peer Review  

    November 2017

    Peer Review on Certain Aspects of the Compliance Function under MiFID I


    July 2017

    Peer Review on the Guidelines on the Enforcement of Financial Information


    December 2016 2016 Mandatory CCP Peer Review  

    June 2016

    Peer Review on the Prospectus Approval Process


    April 2016

    Peer Review on MiFID Suitability Requirements and Annex

    Follow-up (July 2018)

    January 2016

    Peer Review on Compliance with SSR as regards Market Making activities


    March 2015

    Peer Review on Automated Trading Guidelines


    February 2015

    Peer Review on Best Execution under MiFID

    Follow-up (January 2017)

    January 2015 2014 Mandatory CCP Peer Review  

    December 2014

    Peer Review on MiFID conduct of business – fair, clear and not misleading information

    Follow-up (May 2017)

    July 2013

    Peer Review on Supervisory Practices under MAD

    Follow-up (December 2015)

    April 2013

    Peer Review on Money Market Fund Guidelines

    Follow-up (February 2016)

    May 2012

    Peer Review on the Prospectus Directive – Good Practices in the Approval Process


    April 2012

    Peer Review on the Actual Use of Sanctioning Powers under MAD


    July 2011

    Peer Review on Mapping of the Transparency Directive – Options, Discretions and “Gold-plating”


    January 2011

    Peer Review on Mapping of Contingency Measures