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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
28/09/2015 2015-ESMA-1464 Annex I 2015-ESMA-1464 Annex I- draft RTS and ITS on MiFID II and MiFIR Technical Standards PDF
2.85 MB
19/12/2016 2016/1673 2016-1673 Q&A on MiFID II commodity derivatives topics Q&A PDF
338.93 KB
18/12/2014 2014/1560 Advice- Investment-based crowdfunding Final Report PDF
482.2 KB
Crowdfunding is a means of raising finance for projects from ‘the crowd’ often by means of an internet-based platform through which project owners ‘pitch’ their idea to potential backers, who are typically not professional investors.  It takes many forms, not all of which involve the potential for a financial return.  ESMA’s focus is on crowdfunding which involves investment, as distinct from donation, non-monetary reward or loan agreement.Crowdfunding is relatively young and business models are evolving. EU financial services rules were not designed with the industry in mind.  Within investment-based crowdfunding a range of different operational structures are used so it is not straightforward to map crowdfunding platforms’ activities to those regulated under EU legislation. Member States and NCAs have been working out how to treat crowdfunding, with some dealing with issues case-by-case, some seeking to clarify how crowdfunding fits into existing rules and others introducing specific requirements.To assist NCAs and market participants, and to promote regulatory and supervisory convergence, ESMA has assessed typical investment-based crowdfunding business models and how they could evolve, risks typically involved for project owners, investors and the platforms themselves and the likely components of an appropriate regulatory regime. ESMA then prepared a detailed analysis of how the typical business models map across to the existing EU legislation, set out in sections 1 to 6 of this document.
28/09/2015 2015-ESMA-1464 Annex II Annex II- CBA- draft RTS and ITS on MiFID II and MiFIR Final Report PDF
5.07 MB
02/05/2016 2016/666 ANNEX Annex- Opinion on draft RTS 2 non-equity transparency Opinion PDF
633.28 KB
30/05/2016 2016/730 ANNEX Annex- Opinion on draft RTS 20 on ancillary activity Opinion PDF
220.42 KB
02/05/2016 2016/668 ANNEX Annex- Opinion on draft RTS 21 position limits Opinion PDF
124.02 KB
17/07/2018 ESMA70-154-651 Application form- SMSC CWG Renewal 2018 Vacancy DOCX
37.81 KB
30/04/2019 ESMA70-155-3655 Belgian Power Physical Base position limit opinion Opinion PDF
261.43 KB
17/07/2018 ESMA70-154-652 Call for expressions of interest- SMSC CWG Renewal Vacancy PDF
263.08 KB
07/06/2019 ESMA32-60-474 Draft RTS amending Delegated Regulation (EU) 2018/815 on the updates of the taxonomy to be used for the ESEF , Final Report PDF
6.5 MB
26/05/2016 2016/725 Draft RTS on indirect clearing arrangements under EMIR and MiFIR , , Final Report PDF
740.71 KB
30/04/2019 ESMA70-155-5285 EEX Dutch Power Baseload Futures position limit opinion Opinion PDF
265.63 KB
10/08/2017 ESMA70-155-988 ESMA Opinion on AMF position limits on corn Opinion PDF
337.15 KB
10/08/2017 ESMA70-155-983 ESMA Opinion on AMF position limits on milling wheat Opinion PDF
348.35 KB
10/08/2017 ESMA70-155-993 ESMA Opinion on AMF position limits on rapeseed Opinion PDF
421.96 KB
22/12/2017 ESMA70-154-884 ESMA opinion on ancillary activity under MiFID II – market size calculation Opinion
21/09/2018 esma70-156-769 ESMA opinion on MiFID II RTS 1 Technical Standards PDF
645.02 KB
21/03/2018 ESMA70-156-322 ESMA opinion on package orders' trading obligation under MiFID II Opinion PDF
173.17 KB
28/02/2017 ESMA70-872942901-21 - annex Final Draft RTS on packaged orders Technical Standards PDF
334.25 KB

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