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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
15/06/2020 ESMA20-95-1264 2019 Annual Report Board of Supervisors, Corporate Information, Management Board, Planning reporting budget Annual Report PDF
3.03 MB
16/06/2021 ESMA20-95-1381 2020 Annual Report Board of Supervisors, Corporate Information, Management Board, Planning reporting budget Annual Report PDF
4 MB
15/06/2020 ESMA20-95-1132 2020 Annual Work Programme- revised Board of Supervisors, Corporate Information, Management Board, Planning reporting budget Annual Report PDF
548.42 KB
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
21/10/2021 JC 2021 61 Call for evidence on the European Commission mandate regarding the PRIIPs Regulation Fund Management, Joint Committee Consultation Paper PDF
844.1 KB
14/09/2011 2011/288 Call for evidence- Empty voting Corporate Disclosure, Corporate Governance, Transparency Consultation Paper PDF
81.13 KB
16/10/2019 JC-2019-63 Consultation Paper on amendments to PRIIPs KID Fund Management, Joint Committee Consultation Paper PDF
2.42 MB
25/09/2020 ESMA80-187-623 Consultation Paper on BMR Advice Fees Benchmarks Consultation Paper PDF
479.77 KB
27/05/2016 2016/723 Consultation Paper on ESMA technical advice on Benchmarks Regulation Market Integrity, Benchmarks Consultation Paper PDF
905.26 KB
07/07/2017 ESMA70-145-127 Consultation paper on the evaluation of the short-selling regulation Market Integrity, Short Selling Consultation Paper PDF
1.46 MB
24/09/2021 ESMA70-156-3914 Consultation Paper on the review of certain aspects of the Short Selling Regulation Short Selling Consultation Paper PDF
1.19 MB
11/11/2015 JC/2015/073 Consultation Paper PRIIPs Key Information Documents Fund Management, Joint Committee Consultation Paper PDF
2.23 MB
25/02/2021 ESMA80-187-807 Consultation Paper- Guidelines on use of alternative methodology Benchmarks Consultation Paper PDF
263.42 KB
24/09/2020 ESMA74-362-773 CP on MiFID II MiFIR review report Benchmarks, MiFID - Secondary Markets, MiFID II: Transparency Calculations and DVC, Post Trading Consultation Paper PDF
688.1 KB
23/12/2020 ESMA43-370-272 CP on Procedural rules for penalties imposed on Benchmark Administrators Benchmarks Consultation Paper PDF
370.26 KB
15/02/2016 2016/288 Discussion Paper Benchmarks Regulation Market Integrity, Benchmarks Consultation Paper PDF
1017.02 KB
04/12/2015 JC/2015/080 Discussion Paper on automation in financial advice Joint Committee Consultation Paper PDF
344.48 KB
02/06/2016 2016/773 Discussion Paper on the Distributed Ledger Technology Applied to Securities Markets Innovation and Products, Risk Analysis & Economics - Markets Infrastructure Investors Consultation Paper PDF
573.86 KB
22/03/2012 2012/212 Discussion Paper- An Overview of the Proxy Advisory Industry. Considerations on Possible Policy Options Corporate Disclosure, Corporate Governance Consultation Paper PDF
524.85 KB		 This Discussion Paper focuses on the development of the proxy advisory industry in Europe, which mainly serves institutional investors such as asset managers, mutual funds and pension funds. Following its fact-finding work in 2011, ESMA recognises the proxy advisory industry within Europe is, or is expected to be, growing in prominence and investors are, or are expected to be, increasingly using proxy advisor services. In this paper ESMA identifies several key issues related to the proxy advisory market which may have an impact on the proper functioning of the voting process. The range of policy options that ESMA will consider, and on which it seeks further input from market participants, consists of four broad areas, including: 1.    No EU-level action at this stage 2.    Encouraging Member States and/or industry to develop standards 3.    Quasi-binding EU-level regulatory instruments 4.    Binding EU-level legislative instruments ESMA will consider these options based on the feedback it receives from market participants, and, if appropriate, will undertake further policy action, either directly or by providing an opinion to the European Commission. The reason to bring up some policy options is due to the fact that proxy advisors are currently not regulated at a pan-European level. Nevertheless, there are relevant European rules that apply to investors (e.g. for UCITS management companies when exercising voting rights). In addition, there are also well-recognised corporate governance standards that apply to issuers at a national level (based on the “comply or explain approach”) and some complements to improve standards of stewardship among investors. All feedback received from this Discussion Paper will be duly considered. ESMA expects to publish a feedback statement in Q4 of 2012 which will summarise the responses received and will state ESMA’s view on whether there is a need for policy action in this area.
17/11/2014 JC/DP/2014/02 Discussion Paper- Key Information Documents for Packaged Retail and Insurance-based Investment Products (PRIIPs) Fund Management, Joint Committee Consultation Paper PDF
1.38 MB		 EBA, EIOPA, and ESMA (the ESAs) welcome comments on this Discussion Paper on Key Information Documents for Packaged Retail and Insurance-based Investment Products (PRIIPs).Comments can be sent by clicking on the ‘input’ button on the consultation page of one of the ESA’s websites. Please note that the deadline for the submission of comments is 17 February 2015. Comments submitted after this deadline, or submitted via other means may not be processed. It is important to note that although you may not be able to respond to each and every question, the ESAs would encourage partial responses from stakeholders on those questions that they believe are most relevant to them.Publication of responsesAll contributions received will be published following the close of the consultation, unless you request otherwise in the consultation form. A confidential response may be requested from us in accordance with the ESA’s rules on public access to documents.1 We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by the Board of Appeal of the ESA’s and the European Ombudsman.Data protectionInformation on data protection can be found at the different ESA’s websites under the heading ‘Legal notice'

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