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Date | Ref. | Title | Section | Type | Download | Info | Summary | Related Documents | Translated versions |
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25/11/2011 | 2011/397 | Public statement on sovereign debt in IFRS financial statements | Corporate Disclosure, Corporate Governance, IFRS Supervisory Convergence, Press Releases | Statement | PDF 189.46 KB |
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19/02/2013 | 2013/84 | Feedback statement on the consultation regarding the role of the proxy advisory industry | Corporate Disclosure, Corporate Governance | Statement | PDF 559.31 KB |
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12/11/2013 | 2013/1642 | Information on shareholder cooperation and acting in concert under the Takeover Bids Directive | Corporate Disclosure, Corporate Governance | Statement | PDF 321.63 KB |
The European Securities and Markets Authority (ESMA) has published a statement on practices governed by the Takeover Bid Directive (TBD), focused on shareholder cooperation issues relating to acting in concert and the appointment of board members. The statement contains a White List of activities that shareholders can cooperate on without the presumption of acting in concert. It also contains information on how shareholders may cooperate in order to secure board member appointments by setting out factors that national authorities may take into account when considering whether shareholders are acting in concert. The statement is in response to a request by the European Commission for clarity on these issues, following its 2012 report on the application of the TBD. It is based on information collected about the TBD’s application and common practices across the European Economic Area (EEA). The statement was prepared by the Takeover Bids Network, a permanent working group, under ESMA’s auspices, that promotes the exchange of information on practices and application of the TBD across EEA. | |||
18/12/2015 | 2015/1887 | Follow-up report on the development of the Best Practice Principles for Providers of Shareholder Voting Research and Analysis | Corporate Finance, Corporate Governance | Final Report | PDF 645.64 KB |
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18/12/2017 | ESMA32-60-204 | Final report on the RTS on the European Single Electronic Format | European Single Electronic Format | Final Report | PDF 6.37 MB |
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11/04/2019 | ESMA31-62-780 | Q&A on Prospectus Related Topics | Brexit, Corporate Disclosure, Corporate Finance, Corporate Governance, Corporate Information, Prospectus, Supervisory convergence | Q&A | PDF 957.9 KB |
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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 | Corporate Disclosure, European Single Electronic Format | Final Report | PDF 6.5 MB |
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06/02/2020 | ESMA70-156-2274 | Public statement- Ensuring a common supervisory approach to secure compliance with the MiFIR pre-trade transparency requirements in commodity derivatives | Trading | Statement | PDF 114.58 KB |
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27/02/2020 | ESMA/2014/677-REV | Information on shareholder cooperation and acting in concert under the Takeover Bids Directive | Corporate Disclosure, Corporate Governance | Statement | PDF 416.26 KB |
The European Securities and Markets Authority (ESMA) has published an update to its statement on practices governed by the Takeover Bid Directive (TBD), focused on shareholder cooperation issues relating to acting in concert and the appointment of board members. The update concerns a change to the Croatian creep-in threshold and secondary threshold in Appendix B. The statement contains a White List of activities that shareholders can cooperate on without the presumption of acting in concert. It also contains information on how shareholders may cooperate in order to secure board member appointments by setting out factors that national authorities may take into account when considering whether shareholders are acting in concert.The statement is in response to a request by the European Commission for clarity on these issues, following its 2012 report on the application of the TBD. It is based on information collected about the TBD’s application and common practices across the European Economic Area (EEA). The statement was prepared by the Takeover Bids Network, a permanent working group, under ESMA’s auspices, that promotes the exchange of information on practices and application of the TBD across EEA. |
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30/03/2020 | ESMA70-151-2919 | Final Report EMIR RTS on Colleges for CCPs | CCP Directorate, Post Trading, Supervisory convergence | Final Report | PDF 273.08 KB |
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31/03/2020 | ESMA43-370-103 | Final report on TA on EMIR 2.2 CCP fines | CCP Directorate, Credit Rating Agencies, Post Trading, Trade Repositories | Final Report | PDF 478.11 KB |
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18/06/2020 | ESMA32-60-607 | Final report on draft RTS including 2020 update RTS on ESEF | European Single Electronic Format | Final Report | PDF 6.21 MB |
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23/09/2020 | ESMA70-155-10272 | Final Report on Cum Ex and other multiple withholding tax reclaim schemes | Market Abuse, Market Integrity, Trading | Final Report | PDF 906.57 KB |
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28/09/2020 | ESMA77-99-1403 | ESMA to recognise three UK CCPS from 1 January 2021 | Brexit, CCP Directorate, Post Trading | Statement | PDF 93.94 KB |
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28/09/2020 | ESMA70-156-3329 | MiFID II MiFIR review report on the transparency regime for non-equity instruments | Trading | Final Report | PDF 1.48 MB |
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01/10/2020 | ESMA70-155-10962 | Impact of Brexit on the application of MiFID II/MiFIR | Brexit, MiFID - Secondary Markets, Trading | Statement | PDF 131.04 KB |
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21/01/2021 | ESMA70-151-2924 | Guidelines on written agreements between members of CCP colleges | CCP Directorate | Final Report | PDF 347.58 KB |