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Type of document
|Date||Ref.||Title||Section||Type||Download||Info||Summary||Related Documents||Translated versions|
|14/06/2013||2224977||Updated mandate on EMIR equivalence||Post Trading||Letter||PDF
|17/11/2017||ESMA34-49-103||Technical advice, draft implementing technical standards and guidelines under the MMF Regulation||Fund Management||Final Report||PDF
|02/10/2013||2013/1374||Technical advice on third country regulatory equivalence under EMIR – Switzerland (Supplement)||Post Trading||Final Report||PDF
|02/10/2013||2013/1370||Technical advice on third country regulatory equivalence under EMIR – India||Post Trading||Final Report||PDF
|02/10/2013||2013/1375||Technical advice on third country regulatory equivalence under EMIR – Canada||Post Trading||Final Report||PDF
|03/09/2013||2013/1163||Technical advice on third country regulatory equivalence under EMIR||Post Trading||Letter||PDF
|02/10/2013||2013/1383||Technical advice on third country regulatory equivalence under EMIR||Post Trading||Letter||PDF
|05/04/2016||2016/429||Review of Article 26 of RTS No 153/2013 with respect to MPOR for client accounts||Post Trading||Final Report||PDF
Reasons for publication
In relation to the draft amended technical standards, ESMA consulted stakeholders on two occasions: the first consultation on a Discussion Paper (DP) was conducted from 27 August to 30 September 2015; the second, on the consultation paper (CP) including the proposed draft RTS was carried out from 14 December 2015 to 1st February 2016.
ESMA received a strong support from the respondents to the CP on the proposed amendment introducing the possibility for EU CCPs to margin on a one day gross basis for clients’ accounts. The responses to the consultation confirm that a one day gross account structure provides a sufficient level of protection to the CCPs and to the clients.
On the proposed conditions linked to this type of account, the majority of the respondents are of the view that they are needed to ensure the safety of the CCPs. Some clarifications or slight amendments have been introduced following the comments received, in particular on intraday margins calls and on entities belonging to the same group as clearing members.
|08/08/2013||2013/1086||Reporting to Trade Repositories – the case of ETDs||Post Trading||Letter||PDF
|03/01/2013||2012/874||Report to the European Parliament, the Council and the Commission on the budgetary implications of Regulation (EU) No 648/2012 on OTC derivatives, central counterparties and trade repositories (EMIR)||Post Trading||Final Report||PDF
|04/02/2020||ESMA32-67-613||Report on amendments to ESMA Guidelines on enforcement of financial information||Transparency||Final Report||PDF
|31/03/2014||2014/03/ODRG||Report of the OTC Derivatives Regulators Group (ODRG) on Cross-Border Implementation Issues||Post Trading||Final Report||PDF
|25/07/2012||2012/474||Report and consultation paper on guidelines on ETFs and other UCITS issues||Fund Management||Final Report||PDF
|This paper sets out ESMA’s guidelines on ETFs and other UCITS issues. The guidelines are adapted to the type of UCITS, management technique or financial instrument in question and are detailed in Annex III of the documentThis document also sets out in Annex IV a public consultation on the treatment of repo and reverse repo arrangements on which ESMA is seeking feedback from stakeholders. The feedback to this further consultation will be used by ESMA to finalise its position on this specific issue, which will be incorporated into the rest of the guidelines already adopted by the Authority (cf. Annex III of this document).|
|01/03/2016||2016/328||Possible systemic risk and cost implications of interoperability arrangements||Post Trading||Final Report||PDF
|21/07/2020||ESAs 2020 19||Outcome of ESA review of the PRIIPs Delegated Regulation||Fund Management, Joint Committee||Letter||PDF
|21/08/2014||ODRG/1/2014||ODRG letter to FSB on barriers to reporting to trade repositories||Post Trading||Letter||PDF
|30/07/2015||2015/1233||Letter to the European Parliament- ESMA’s opinion and advice on the AIFMD passport||Fund Management||Letter||PDF
|30/07/2015||2015/1234||Letter to the European Council- ESMA’s opinion and advice on the AIFMD passport||Fund Management||Letter||PDF
|08/05/2014||2014/483||Letter to the European Commission- Frontloading requirement under EMIR||Post Trading||Letter||PDF
This letter to the European Commission advances ESMA's intention to ease certain frontloading requirement under the European Markets Infrastructure Regulation (EMIR). Frontloading is a term that refers to the clearing obligation under EMIR, which will oblige counterparties to centrally clear certain derivative trades through clearing houses (CCP). ESMA believes that the frontloading procedure creates uncertainties for derivatives end-users while the exact terms of the clearing obligation has not been defined which could have adverse impacts on risk hedging and financial stability. Therefore, ESMA informs the European Commission that it intends to establish the frontloading requirement in a manner that will minimise uncertainty. The clearing requirement began to apply with the first authorisation of an EU-based CCP which happened on 18 March 2014. Following the first CCP approval, EMIR requires ESMA to draft within six months technical standards which will define the derivatives classes subject to central clearing. However, compulsory central clearing will only start with the entry-into-force of the technical standards which creates the need to ‘frontload’ those derivate trades since 18 March 2014.
|30/07/2015||2015/1232||Letter to the European Commission- ESMA’s opinion and advice on the AIFMD passport||Fund Management||Letter||PDF