| From 24/01/2012 to 13/02/2012 |
Draft technical standards on short selling and certain aspects of credit default swaps |
Short Selling |
SEE RESPONSES |
|
| Summary |
In November 2011 the Council and the Parliament voted on a Regulation on
short selling and certain aspects of credit default swaps (the Regulation).
This is about to be published and should be applicable from 1 November 2012.
According to the Regulation ESMA has to submit its… |
| Documents |
|
|
| From 22/12/2011 to 24/02/2012 |
Guidelines on certain aspects of the MiFID compliance function requirements |
|
SEE RESPONSES |
|
| Summary |
Guidelines on certain aspects of the MiFID compliance function requirements
|
| Documents |
|
|
| From 22/12/2011 to 24/02/2012 |
Consultation paper on guidelines on certain aspects of the MiFID suitability requirements |
|
SEE RESPONSES |
|
| Summary |
Consultation paper on guidelines on certain aspects of the MiFID suitability requirements
|
| Documents |
|
|
| From 13/12/2011 to 06/01/2012 |
ESMA’s technical advice on possible delegated acts concerning the Prospectus Directive as amended by the Directive 2010/73/EU |
|
SEE RESPONSES |
|
| Summary |
The purpose of this consultation document from ESMA is to seek comments on the technical advice that ESMA proposes to give to the European Commission on a number of possible delegated acts.
|
| Documents |
|
|
| From 10/11/2011 to 30/03/2012 |
Consultation on Considerations of materiality in financial reporting |
|
SEE RESPONSES |
|
| Summary |
The objective of financial statements is to provide information to a range of users for the purpose of economic decision making. To be useful, such statements must present fairly the financial position, perform-ance and cash flows of the reporting entity. Where information which is required by… |
| Documents |
|
|
| From 19/09/2011 to 21/10/2011 |
Consultation on Regulatory technical standards on the information to be provided to ESMA by a credit rating agency in its application for registration and certification and for the assessment of its systemic importance |
|
SEE RESPONSES |
|
| Summary |
This Consultation Paper aims at presenting the draft RTS. For the purpose of preparing the RTS, ESMA carried out a Cost and Benefits Analysis (hereafter
|
| Documents |
|
|
| From 19/09/2011 to 21/10/2011 |
Consultation on Regulatory technical standards on the assessment of compliance of credit rating methodologies with the requirements set out in Article 8(3) of Regulation (EC) No 1060/2009
|
|
SEE RESPONSES |
|
| Summary |
Article 21(4) of Regulation (EU) No 513/2011 of the European Parliament and of the Council of 11 May 2011 amending Regulation (EC) No 1060/2009 on credit rating agencies (EU Regulation) requires ESMA to develop draft regulatory technical standards on the assessment of compliance of credit rating… |
| Documents |
|
|
| From 19/09/2011 to 21/10/2011 |
Consultation on ESMA's draft Regulatory Technical Standards on the presentation of the information that credit rating agencies shall disclose in accordance with Article 11(2) and point 1 of Part II of Section E of Annex I to Regulation (EC) No 1060/2009 |
|
SEE RESPONSES |
|
| Summary |
Credit rating agencies are required to report data to a central repository (CEREP) run by ESMA. The very purpose of this CEREP is to improve transparency and to contribute to the protection of investors by providing information on the past performance of credit rating agencies and about credit… |
| Documents |
|
|
| From 19/09/2011 to 21/10/2011 |
Consultation on ESMA's Draft Regulatory Technical Standards on the content and format of ratings data periodic reporting to be submitted from credit rating agencies |
|
SEE RESPONSES |
|
| Summary |
The reason for requiring periodic reporting of ratings data from credit rating agencies is to enable ESMA to use this data as a basis for its supervisory reviews and, in general, to support the tasks that ESMA shall carry out in order to discharge its obligations under the Regulation.
The… |
| Documents |
|
|
| From 14/09/2011 to 25/11/2011 |
Call for evidence on Empty voting |
|
SEE RESPONSES |
|
| Summary |
In recent years there has been discussion on possible regulatory reaction to the decoupling of voting rights. In this context, issues and potential problems relating to empty voting (i.e. having voting rights attached to shares without corresponding economic exposure) have also been raised.… |
| Documents |
|
|
| From 23/08/2011 to 23/09/2011 |
Consultation on ESMA's draft technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive in relation to supervision and third countries |
|
SEE RESPONSES |
|
| Summary |
ESMA publishes today a consultation paper (ESMA/2011/270) setting out its proposals for the detailed rules on supervision and third country entities underlying the Alternative Investment Fund Managers Directive (AIFMD). These rules reflect the global nature of the alternative investment… |
| Documents |
|
|
| From 22/07/2011 to 22/09/2011 |
Discussion paper on ESMA's policy orientations on guidelines for UCITS Exchange-Traded Funds and Structured UCITS |
|
SEE RESPONSES |
|
| Summary |
ESMA publishes today a discussion paper (ESMA/2011/220) setting out policy orientations on guidelines for UCITS Exchange-Traded Funds (ETFs) and structured UCITS. The Authority has reviewed the current regulatory regime applicable to such funds and considers that the existing requirements are… |
| Documents |
|
|
| From 20/07/2011 to 03/10/2011 |
Consultation on the Guidelines on systems and controls in a highly automated trading environment for trading platforms, investment firms and competent authorities |
|
SEE RESPONSES |
|
| Summary |
ESMA publishes a consultation paper (ESMA/2011/224) today setting out its proposals for detailed guide-lines for trading platforms, investment firms and competent authorities to address challenges of a highly automated trading environment, of which high frequency trading (HFT) is an important… |
| Documents |
|
|
| From 13/07/2011 to 13/09/2011 |
Consultation on ESMA's draft technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive |
|
SEE RESPONSES |
|
| Summary |
ESMA publishes today a consultation paper (ESMA/2011/209) setting out its proposals for the detailed rules underlying the Alternative Investment Fund Managers Directive (AIFMD). This is in response to the request for assistance which the European Commission sent to ESMA's predecessor, CESR, in… |
| Documents |
|
|
| From 15/06/2011 to 15/07/2011 |
Consultation on ESMA's technical advice on possible delegated acts concerning the Prospectus Directive
as amended by the Directive 2010/73/EU |
|
SEE RESPONSES |
|
| Summary |
The purpose of this consultation document from ESMA is to seek comments on the technical advice that
ESMA proposes to give to the European Commission on a number of possible delegated acts.
On Tuesday 25 January 2011, the European Commission published its request to ESMA for advice… |
| Documents |
|
|
| From 26/05/2011 to 20/06/2011 |
Call for evidence on ratings data periodic reporting requirements for CRAs according to Article 21 (3)(e) of the Draft Amended CRA Regulation |
|
SEE RESPONSES |
|
| Summary |
In the light of the proposal for amending Regulation (EC) No 1060/2009, ESMA has started the process of drafting regulatory technical standards, to be endorsed by the Commission in accordance to Article 10 of Regulation no. 1095/2010, concerning the content and format of the ratings data… |
| Documents |
|
|
| From 26/05/2011 to 20/06/2011 |
Call for evidence on the assessment of compliance of credit rating agencies with Article 8.3 of the Credit Rating Agencies Regulation (1060/2009/EC) |
|
SEE RESPONSES |
|
| Summary |
In the light of the agreed amendments to the Credit Rating Agencies Regulation (EC) No 1060/2009 (CRA Regulation), ESMA is mindful of its mandate to produce draft regulatory tech-nical standards (RTS) for adoption by the Commission. This Call for Evidence concerns RTS on the assessment of… |
| Documents |
|
|
| From 15/04/2011 to 16/05/2011 |
Consultation on the discussion paper on ESMA's policy orientations on possible implementing measures under Article 3 of the Alternative Investment Fund Managers Directive |
|
SEE RESPONSES |
|
| Summary |
On 2 December 2010, the European Commission sent a request for assistance to the predecessor of ESMA, CESR, on the content of the implementing measures of the Alternative Investment Fund Managers Direc-tive (AIFMD). Following receipt of this request, CESR published a call for evidence in order… |
| Documents |
|
|
| From 14/04/2011 to 27/04/2011 |
Consultation on ESMA's Technical Advice to the Commission on Fees for CRA Supervision |
|
SEE RESPONSES |
|
| Summary |
On 24 February 2011 ESMA received a formal request from the European Commission (the Commission) to provide technical advice to assist the Commission in formulating a Regulation on fees for Credit Rating Agencies (CRAs) by delegated act. The advice is due to be delivered to the Commission by 13… |
| Documents |
|
|
| From 18/03/2011 to 31/03/2011 |
Consultation on ESMA's Guidelines on the application of the endorsement regime under Article 4 (3) of the Credit Rating Regulation 1060/2009 |
|
SEE RESPONSES |
|
| Summary |
European Securities and Markets Authority (ESMA) invites comments on all matters in this paper. Com-ments are most helpful if they:
(a) respond to the question stated;
(b) contain a clear rationale; and
(c) describe any alternatives ESMA should consider.
ESMA will… |
| Documents |
|
|
