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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
30/10/2014 JC/2014/01 add Addendum to Joint CP on draft ITS on the mapping of ECAIs Joint Committee Consultation Paper PDF
157.22 KB		 The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA - ESAs) published today an addendum to the joint consultation on the mapping of the credit assessments to risk weights of External Credit Assessment Institutions (ECAIs). The addendum provides further details on the application of the rules proposed in the draft Implementing Technical Standards (ITS) in relation to particular ECAIs and is to be considered as an extension of the consultation process. The consultation period will be reopened until 30 November 2014 in order to collect additional comments. In line with the specifications included in the joint Consultation Paper published in February 2014, this addendum contains the individual mapping tables of all relevant ECAIs. The proposed mappings establish the level of capital that financial institutions should hold in order to ensure the safety and soundness of the EU financial system. These draft mappings are based on the amount of objective information available for each ECAI regarding the performance of its credit ratings. Therefore, the draft mappings mainly reflect the historical ability of ECAIs to anticipate negative credit events. For those cases where only a small number of credit ratings were available, the draft mappings have to a large extent relied on alternative information; whereas, when no relevant information was found, a certain degree of prudence has been applied. Furthermore, the addendum contains some additional aspects resulting from the cost-benefit/impact assessment analysis. The analysis shows that the proposals for the largest ECAIs are not expected to have a significant impact on financial institutions in terms of capital requirements. Only in very specific cases the average capital requirement associated with a particular ECAI might increase by up to 10%. In the case of ECAIs that currently have no mapping established, the impact is expected to reflect the true risk profile of the rated entities. In addition, the EBA also published the individual draft mapping reports that illustrate how the rules proposed in the draft ITS were applied. The draft mappings will be reviewed in light of any comments received during the consultation process. Consultation process The consultation deadline is 30 November 2014 and responses can be submitted here. All contributions received will be published following the close of the consultation, unless requested otherwise. Draft Mapping Reports
19/12/2002 02-286 Addendum to the Consultation Paper (Ref. CESR/02-185b) on CESR's advice on possible Level 2 Implementing Measures for the Proposed Prospectus Directive CESR Archive Consultation Paper PDF
292.63 KB		 CESR publishes today an addendum to the consultation paper released in October 2002 (Ref. CESR/02-185b) on possible detailed technical measures needed to implement the proposed directive on Prospectus to be published when securities are offered to the public or admitted to trading. This addendum is a complementary paper to the consultation paper on some outstanding disclosure requirements which are relevant in the context of the measures that are being developed on the basis of a provisional mandate given to CESR by the European Commmission on 18 March 2002 (published on 27 march 2002).
23/03/2005 Addendum Addendum to the Formal Request for Technical Advice on Possible Implementing Measures for the Markets in Financial Instruments Directive CESR Archive Consultation Paper PDF
307.55 KB
01/12/2004 Addendum 2004/39/EC Addendum to the formal request for technical advice on possible implementing measures on the Directive on Markets in Financial Instruments (Directive 2004/39/EC. CESR Archive Consultation Paper PDF
114.41 KB
06/05/2003 03-128 Additional Draft Technical Advice on Level 2 Implementing measures for the proposed Prospectus Directive CESR Archive Consultation Paper PDF
325.47 KB		 On Monday 31st March 2003, the European Commission, considering that the European Parliament has not started the second reading on the prospectus proposal, has invited CESR to provide its technical advice on issues initially required for 31st March by July 31st 2003. CESR welcomes this extension and has decided to hold an additional open hearing that will take place at CESR
27/05/2003 03-066b Annexes Additional Public Hearing on possible implementing measures of the Prospectus Directive: Draft Annexes on the Technical Advice CESR Archive Consultation Paper PDF
270.69 KB		 Draft Annexes A, B, C, D, E, F, G and H of the Technical Advice (Ref. CESR/03-066b).
25/04/2003 03-066b Additional Public Hearing on possible implementing measures of the Prospectus Directive: Draft Annexes on the Technical Advice CESR Archive Consultation Paper PDF
200 KB		 On Monday 31st March 2003, the European Commission, considering that the European Parliament has not started the second reading on the prospectus proposal, has invited CESR to provide its technical advice on issues initially required for 31st March by July 31st 2003. CESR welcomes this extension and has decided to hold an additional open hearing that will take place at CESR
11/03/2005 05-164 Annex 1 Annex 1 to the Consultation document: Data on Shares subject to Article 27 of the MiFID CESR Archive Consultation Paper PDF
180.14 KB
21/03/2005 05-164 Annex 2 Annex 2 to the Consultation document: Data on Shares subject to Article 27 of the MiFID CESR Archive Consultation Paper PDF
208.07 KB
21/03/2005 05-164 Annex 3 Annex 3 to the Consultation document: Data on Shares subject to Article 27 of the MiFID- Euronext Amsterdam CESR Archive Consultation Paper PDF
18.08 KB
21/03/2005 05-164 Annex 4 Annex 4 to the Consultation document: Data on Shares subject to Article 27 of the MiFID- Euronext Brussels CESR Archive Consultation Paper PDF
15.23 KB
21/03/2005 05-164 Annex 5 Annex 5 to the Consultation document: Data on Shares subject to Article 27 of the MiFID- Euronext Lisbon CESR Archive Consultation Paper PDF
14.96 KB
21/03/2005 05-164 Annex 6 Annex 6 to the Consultation document: Data on Shares subject to Article 27 of the MiFID- Euronext Paris CESR Archive Consultation Paper PDF
23.2 KB
24/03/2005 05-164 Annex 7 Annex 7 to the Consultation document: Data on Shares subject to Article 27 of the MiFID- Ireland CESR Archive Consultation Paper PDF
14.1 KB
24/03/2005 05-164 Annex 8 Annex 8 to the Consultation document: Data on Shares subject to Article 27 of the MiFID CESR Archive Consultation Paper PDF
156.32 KB
01/12/2002 02-286 Annexe 1-12 Annexes to the addendum (Ref. CESR/02-286) to the Consultation Paper on possible implementing measures of the proposed Prospectus Directive CESR Archive Consultation Paper PDF
1.86 MB		 Annexes to the Addendum (Ref. CESR/02-286) to the consultation paper on possible detailed technical measures to implement the proposed Directive on Prospectus to be published when securities are offered to the public or admitted to trading.
17/07/2019 ESMA35-43-1905 Call for evidence Impact of the inducements and costs and charges disclosure requirements under MiFID II MiFID - Investor Protection Consultation Paper PDF
479.41 KB
28/07/2004 04-394 Call for evidence on Credit Rating Agencies CESR Archive Consultation Paper PDF
181.04 KB		 CESR has received a call for technical advice on measures concerning Credit Rating Agencies, and has launched a call for evidence to assist in this work
18/12/2009 09-1175 Call for evidence on cross-sectoral internal governance issues CESR Archive Consultation Paper PDF
86.5 KB
30/09/2019 ESMA-35-43-2090 Call for evidence on MiFID II product intervention powers MiFID - Investor Protection Consultation Paper PDF
197.51 KB

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