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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
25/02/2021 JC 2021 06 Joint ESAs supervisory statement- SFDR Joint Committee, Sustainable finance Statement PDF
220.21 KB
28/01/2021 ESMA71-99-1544 ESMA appoints new IPISC and CNS Chairs Board of Supervisors, Corporate Information, MiFID - Investor Protection, Sustainable finance Statement PDF
87.3 KB
28/01/2021 ESMA71-99-1544 ESMA appoints new IPISC and CSN chairs Board of Supervisors, Corporate Information, MiFID - Investor Protection, Sustainable finance Statement
11/06/2020 ESMA32-334-245 ESMA response to EC Consultation on NFRD Corporate Disclosure, Sustainable finance Statement PDF
429.86 KB
11/01/2019 ESMA33-128-577 Statement on Securitisation implementation Securitisation Statement PDF
324.46 KB
13/11/2018 ESMA33-128-505 Final Technical Advice Securitisation Repositories Fees Securitisation Technical Advice PDF
570.74 KB
30/05/2018 ESMA71-99-991 Statement of the EBA and ESMA on the treatment of retail holdings of debt financial instruments subject to the Bank Recovery and Resolution Directive MiFID - Investor Protection, Warnings and publications for investors Statement PDF
926.71 KB
15/12/2017 ESMA71-99-910 Statement on preparatory work of the European Securities and Markets Authority in relation to CFDs and binary options offered to retail clients MiFID - Investor Protection, Warnings and publications for investors Statement PDF
209.47 KB
13/11/2017 ESMA50-157-828 ESMA alerts firms involved in Initial Coin Offerings (ICOs) to the need to meet relevant regulatory requirements Innovation and Products, Warnings and publications for investors Statement PDF
330.73 KB
13/11/2017 ESMA50-157-829 ESMA alerts investors to the high risks of Initial Coin Offerings (ICOs) Innovation and Products, Warnings and publications for investors Statement PDF
444.01 KB
31/07/2014 2014/944 Potential Risks Associated with Investing in Contingent Convertible Instruments Warnings and publications for investors, Innovation and Products Statement PDF
106.1 KB		 The European Securities and Markets Authority (ESMA) is issuing this statement to clarify to institutional investors risks from a newly emerging asset class referred to by most market participants as contingent convertibles instruments (CoCos). If they work as intended in a crisis CoCos will play an important role to inhibit risk transfer from debt holders to taxpayers. They along with standards to improve the quality and quantity of bank capital reflect a considerate response to the former regulatory capital framework. However, it is unclear as to whether investors fully consider the risks of CoCos and correctly factor those risks into their valuation. ESMA believes there are specific risks to CoCos and that investors should take those risks into consideration prior to investing in these instruments.