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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
23/12/2019 ESMA50-164-2969 Alternative Investment Funds (AIFs) exposures to commercial real estate- 2018 , Reference PDF
146.79 KB
28/11/2019 ESMA50-165-1009 ESMA Risk Dashboard No. 4 2019 Reference PDF
593.2 KB
10/09/2019 ESMA50-165-884 ESMA Risk Dashboard No. 3 2019 Reference PDF
618.93 KB
10/09/2019 ESMA50-165-875 ESMA report on trends, risks and vulnerabilities no.2 2019- statistical annex Reference PDF
1.39 MB
16/07/2019 ESMA 32-63-365 List of decisions published from the EECS’s Database of Enforcement Reference PDF
361.28 KB
22/03/2019 esma_50-158-1567 Presentation on short-termism Reference PDF
152.78 KB
07/02/2019 ESMA50-157-1588 ESMA Risk Assessment Work Programme 2019 , , Reference PDF
465.58 KB
09/01/2019 ESMA50-157-1384 Annex- Legal qualification of crypto-assets – survey to NCAs Reference PDF
905.31 KB
04/12/2018 ESMA50-157-1377 Call for expressions of interest: Consultative Working Group for ESMA’s Financial Innovation Standing Committee Reference PDF
279.68 KB
04/12/2018 ESMA50-157-1377 Application form FISC CWG Application Form Reference DOCX
33.02 KB
25/09/2018 ESMA22-106-1189 CEMA GEA- Application form Reference DOCX
33.95 KB
25/09/2018 ESMA22-106-1190 Call for expressions of interest: Group of Economic Advisers for ESMA’s Committee for Economic and Markets Analysis Reference PDF
284.27 KB
18/05/2018 ESMA50-157-956 CEMA Terms of Reference Reference PDF
194.67 KB
19/04/2018 ESMA 32-63-427 22nd Extract from the EECS’s Database of Enforcement Reference PDF
616 KB
15/03/2018 15-03-2018 Big Data Factsheet Reference PDF
750.34 KB
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06/11/2017 ESMA50-165-422 The impact of charges on mutual fund returns- correction , , Reference PDF
590.09 KB

ERRATUM - In the original version of this document published on 19 October 2017 in table V.3 on page 4, the values in the last four rows of column five were accidentally misreported. For this reason, ESMA now provides a corrected version, including the corrected values and a footnote pointing to the initial mistake.

ESMA carried out a first analysis on fund performance measures, developing initial metrics to analyse the impact of ongoing fees, one-off charges and inflation on the returns of mutual funds. Key preliminary results for the EU fund industry show: Substantial reduction in net returns available to investors, especially in the retail sector and weakly cost- or price-sensitive investment decisions by retail investors

On average ongoing fees and one-off charges and inflation-reduced returns available to investors by 29% of gross returns between 2013 and 2015. These reductions apply to all market segments, while varying across jurisdictions, asset classes and client types. Relative return reductions range from 11% for passive equity fund shares to 44% for retail fund shares in bond mutual funds. Relative and absolute return reductions for actively managed and retail fund shares tend to exceed those of passively managed and institutional fund shares. Despite the impact of fees and charges on the net outcome to investors, these do not seem to be reflected in investor choices.

31/10/2017 ESMA32-63-365 List of enforcement decisions Reference PDF
349.75 KB
27/10/2017 ESMA32-63-364 Summary of results of the fact finding exercise on IFRS 9 and IFRS 15 , Reference PDF
292.46 KB
19/10/2017 ESMA50-165-421 EU derivatives markets ─ a first-time overview , , , Reference PDF
477.35 KB
20/06/2017 WP12017 ESMA working paper on collateral scarcity premia in Euro area repo markets Reference PDF
1.01 MB