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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
30/05/2017 ESMA70-145-103 Communication on launch of reference data submission under MAR Market Abuse, Market Integrity Opinion PDF
132.12 KB
11/03/2020 ESMA70-156-1434 Compliance table for Guidelines on non-significant benchmarks (ESMA70-145-1209) Benchmarks, Guidelines and Technical standards Compliance table PDF
129.58 KB
07/06/2022 ESMA81-393-477 Compliance table on Guidelines on methodology oversight function and record keeping requirements Benchmarks, Guidelines and Technical standards Compliance table PDF
195.01 KB
28/01/2022 ESMA50-164-5210 Compliance table on Guidelines on outsourcing to cloud service providers Guidelines and Technical standards, Innovation and Products Compliance table PDF
172.7 KB
04/02/2022 ESMA32-67-802 Compliance table on the Guidelines on the enforcement of financial information Guidelines and Technical standards, Transparency Compliance table PDF
135.55 KB
13/02/2020 ESMA70-145-66 Compliance table regarding MAR guidelines for persons receiving market soundings Guidelines and Technical standards, Market Abuse Compliance table PDF
138.03 KB
04/02/2019 ESMA70-145-67 Compliance table regarding MAR guidelines on delay in the disclosure of inside information Guidelines and Technical standards, Market Abuse Compliance table PDF
177.87 KB
04/02/2019 ESMA70-145-153 Compliance table- MAR Guidelines on information relating to commodity derivatives markets or related spot markets for the purpose of the definition of inside information on commodity derivatives Guidelines and Technical standards, Market Abuse, Market Integrity Compliance table PDF
179.29 KB
26/07/2021 SFDR EC Q&A EC Q&A on sustainability-related disclosures Joint Committee, Sustainable finance Q&A PDF
601.99 KB
30/11/2021 SFDR EC Q&A CORRECTION EC Q&A on sustainability-related disclosures- correction Joint Committee, Sustainable finance Q&A PDF
87.19 KB
19/09/2019 ESMA70-155-8524 ESMA Opinion CNMV revised Accepted Market Practice Market Abuse, Market Integrity Opinion PDF
520.92 KB
13/04/2018 ESMA70-145-442 ESMA Opinion on AMF Accepted Market Practice on liquidity contracts Market Abuse, Market Integrity Opinion PDF
542.91 KB
29/04/2020 ESMA41-137-1299 ESMAR Article 9a(2) Opinion- BMR EC Benchmarks Opinion PDF
130.45 KB
29/04/2020 ESMA41-137-1300 ESMAR Article 9a(3) Opinion- BMR NCA Benchmarks Opinion PDF
126.5 KB
esma71-99-1323_esma_nal_opinion_on_delegated_acts_climate_benchmarks.pdf
31/05/2021 ESMA70-155-11961 Opinion on AMF AMP Market Abuse, Market Integrity Opinion PDF
1.77 MB
17/06/2016 2016/982 Opinion on inside information disclosure under the Market Abuse Regulation Market Abuse Opinion PDF
278.89 KB
12/01/2017 ESMA50-1215332076-23 Opinion on the impact of the exclusion of fund management companies from the scope of the MiFIR intervention powers Innovation and Products Opinion PDF
224.29 KB
18/12/2014 2014/1378 Opinion- Investment-based crowdfunding Innovation and Products Opinion PDF
460.92 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 this document.
31/01/2020 ESMA70-155-7850 Opinion- Relating to the intended Accepted Market Practice on liquidity contracts notified by the Commissione Nazionale per le Società e la Borsa (Consob) Market Abuse Opinion PDF
407.58 KB
25/04/2017 ESMA70-145-76 Points for convergence in relation to MAR accepted market practices on liquidity contracts Market Abuse, Market Integrity Opinion PDF
166.37 KB

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