ESMA LIBRARY
REFINE YOUR SEARCH
Sections
- (-) Remove Fund Management filter Fund Management
- (-) Remove Market Integrity filter Market Integrity
- (-) Remove Securitisation filter Securitisation
- (-) Remove Short Selling filter Short Selling
- Post Trading (51) Apply Post Trading filter
- Risk Analysis & Economics - Markets Infrastructure Investors (48) Apply Risk Analysis & Economics - Markets Infrastructure Investors filter
- Credit Rating Agencies (25) Apply Credit Rating Agencies filter
- IFRS Supervisory Convergence (22) Apply IFRS Supervisory Convergence filter
- Corporate Disclosure (21) Apply Corporate Disclosure filter
- Supervisory convergence (21) Apply Supervisory convergence filter
- Joint Committee (20) Apply Joint Committee filter
- MiFID - Secondary Markets (17) Apply MiFID - Secondary Markets filter
- Innovation and Products (15) Apply Innovation and Products filter
- MiFID - Investor Protection (15) Apply MiFID - Investor Protection filter
- Prospectus (11) Apply Prospectus filter
- Securities and Markets Stakeholder Group (9) Apply Securities and Markets Stakeholder Group filter
- Corporate Information (8) Apply Corporate Information filter
- Market Abuse (8) Apply Market Abuse filter
- Planning reporting budget (8) Apply Planning reporting budget filter
- Market data (7) Apply Market data filter
- Sustainable finance (7) Apply Sustainable finance filter
- CCP Directorate (6) Apply CCP Directorate filter
- Benchmarks (5) Apply Benchmarks filter
- Board of Supervisors (5) Apply Board of Supervisors filter
- Trade Repositories (4) Apply Trade Repositories filter
- IAS Regulation (3) Apply IAS Regulation filter
- Press Releases (3) Apply Press Releases filter
- Transparency (3) Apply Transparency filter
- Corporate Finance (2) Apply Corporate Finance filter
- COVID-19 (2) Apply COVID-19 filter
- Guidelines and Technical standards (2) Apply Guidelines and Technical standards filter
- Management Board (2) Apply Management Board filter
- CESR Archive (1) Apply CESR Archive filter
- Corporate Governance (1) Apply Corporate Governance filter
- European Single Electronic Format (1) Apply European Single Electronic Format filter
Type of document
- (-) Remove Report filter Report
- (-) Remove Technical Advice filter Technical Advice
- (-) Remove Technical Standards filter Technical Standards
- Guidelines & Recommendations (135) Apply Guidelines & Recommendations filter
- Reference (123) Apply Reference filter
- Consultation Paper (65) Apply Consultation Paper filter
- Press Release (63) Apply Press Release filter
- Opinion (58) Apply Opinion filter
- Final Report (42) Apply Final Report filter
- Statement (35) Apply Statement filter
- Speech (31) Apply Speech filter
- Letter (28) Apply Letter filter
- Compliance table (15) Apply Compliance table filter
- Q&A (12) Apply Q&A filter
- Decision (7) Apply Decision filter
- Annual Report (2) Apply Annual Report filter
- SMSG Advice (2) Apply SMSG Advice filter
- Vacancy (2) Apply Vacancy filter
Date | Ref. | Title | Section | Type | Download | Info | Summary | Related Documents | Translated versions |
---|---|---|---|---|---|---|---|---|---|
16/11/2011 | 2011/379 | Final report- ESMA's technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive | Fund Management | Technical Advice | PDF 3.51 MB |
||||
30/03/2012 | 2012/228 | Draft technical standards on the Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps | Short Selling | Technical Standards | PDF 1.02 MB |
Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March on short selling and certain aspects of credit default swaps (the Regulation) requires ESMA to develop draft regulatory (RTS) and implementing technical standards (ITS) in relation to several provisions contained in Articles 9, 11, 12 and 16 of the Regulation. The draft RTS and ITS will be submitted to the European Commission by 31 March 2012. The Commission has three months to decide whether to endorse ESMAs draft technical standards. A further regulatory technical standard, on the method of calculation of the fall in value of a financial instrument required under Article 24(8) of the Regulation will be submitted together with the technical advice in the course of April 2012. | |||
20/04/2012 | 2012/236 | ESMA's Technical Advice on possible delegated acts of the short-selling and certain aspects of CDS | Short Selling, Market Integrity | Technical Advice | PDF 509.39 KB |
||||
02/04/2013 | 2013/413 | Final Report- Draft regulatory technical standards on types of AIFMs | Fund Management | Technical Standards | PDF 116.08 KB |
The European Securities and Markets Authority (ESMA) has published its draft regulatory technical standards (RTS) to determine types of alternative investment fund managers (AIFMs), where relevant in the application of the AIFMD. The draft RTS distinguish AIFMs managing alternative investment funds (AIF) of the open-ended type and AIFMs managing AIFs of the closed-ended type, in order to apply the rules on liquidity management, the valuation procedures and the transitional provisions of the AIFMD. ESMA was required to develop these RTS by Article 4(4) of the AIFMD and they are aimed at ensuring uniform conditions of application of the AIFMD across the European Union. | |||
03/06/2013 | 2013-614 | ESMA’s technical advice on short selling regulation | Short Selling | Technical Advice | PDF 2.3 MB |
Final Report 2013/614 ESMA‘s technical advice on the evaluation of the Regulation (EU) 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps | |||
20/02/2014 | 2014/160 | Draft implementing technical standards on notification- EuVECA | Fund Management | Technical Standards | PDF 175.99 KB |
||||
20/02/2014 | 2014/161 | Draft implementing technical standards on notification- EuSEF | Fund Management | Technical Standards | PDF 29.18 KB |
||||
27/03/2014 | 2014/312 | Technical advice to the European Commission on the information that competent authorities should provide to ESMA pursuant to Article 67(3) of the AIFMD | Fund Management | Technical Advice | PDF 330.79 KB |
Reasons for publication ESMA is issuing this technical advice in response to the mandate received from the European Commission on 20 December 2013 for advice on the possible content of the delegated act required by Article 67(5) of the AIFMD, concerning the information that EU competent authorities have to provide quarterly to ESMA pursuant to Article 67(3) of the Directive. This information is needed in order to allow ESMA to produce the opinion and the advice required in Article 67(1) of the AIFMD, in relation to the possible extension of the AIFMD passport to non-EU AIFs and non-EU AIFMs. Contents Section II describes the background of the proposal. Section III specifies the timing for the provision of the information to ESMA and lists the information that the competent authorities should provide quarterly to ESMA. The list of information is divided into three parts: the first refers to the information about the functioning of the passport for EU AIFMs; the second deals with the functioning of the national private placement regime for non-EU AIFs and non-EU AIFMs; and the third refers to the issues arising from the functioning of both systems. Finally, Section IV reproduces the mandate for advice issued by the European Commission. Next steps ESMA will cooperate closely with the European Commission in order to facilitate an expeditious adoption of the delegated act required by Article 67(5) of the AIFMD. | |||
28/11/2014 | 2014/1417 | ESMA's technical advice to the European Commission on delegated acts required by the UCITS V Directive | Fund Management | Technical Advice | PDF 469.49 KB |
||||
16/02/2015 | 2015/227 | Final Report- ESMA’s technical advice to the European Commission on the delegated acts of the Regulations on European Social Entrepreneurship Funds and European Venture Capital Funds | Fund Management | Technical Advice | PDF 609.09 KB |
||||
30/07/2015 | 2015/1236 | ESMA's advice to the European Parliament, the Council and the Commission on the application of the AIFMD passport to non-EU AIFMs and AIFs | Fund Management | Technical Advice | PDF 1.36 MB |
Executive summary Reasons for publication In accordance with Articles 36 and 42 of the Directive 2011/61/EU on Alternative Investment Fund Managers (AIFMD), non-EU alternative investment fund managers (AIFMs) and non-EU alternative investment funds (AIFs) managed by EU AIFMs are subject to the national private placement regime (NPPR) of each of the Member States where the AIFs are marketed or managed. However, the AIFMD makes provision for the passport, which is currently reserved to EU AIFMs and AIFs, to be potentially extended in future. Article 67(1) of the AIFMD establishes that, by 22 July 2015, ESMA shall issue to the European Parliament, the Council and the Commission advice on the application of the passport to non-EU AIFMs and AIFs in accordance with the rules set out in Article 35 and 37 to 41 of the AIFMD. This document sets out ESMA’s advice on the application of the passport to six non-EU countries: Guernsey, Hong Kong, Jersey, Switzerland, Singapore and the United States. Contents Section 1 of the advice sets out the background to ESMA’s work, while the detailed assessment of each of the aforementioned non-EU countries is contained in section 2. Annexes 1 to 7 contain a summary of the feedback to the call for evidence that ESMA launched in November 2014. Annex 8 gives a detailed breakdown by non-EU country of the number of non-EU AIFs and non-EU AIFMs active in Member States in accordance with Articles 36 and 42 of the AIFMD. Next Steps ESMA will continue to work on its assessment of other non-EU countries not covered in this advice with a view to delivering further submissions to the European Parliament, the Council and the Commission in the coming months. For those non-EU jurisdictions with which there are currently no supervisory cooperation arrangements in place for the purposes of the AIFMD, ESMA will continue its efforts to agree a MoU with the authorities concerned. | |||
18/09/2015 | 2015/1409 | Draft Implementing Technical Standards on penalties and measures under Directive 2009/65/EC (UCITS Directive) | Fund Management | Technical Standards | PDF 339.52 KB |
||||
16/02/2016 | 2016/297 | Follow-up MMF | Fund Management, Supervisory convergence | Report | PDF 882.13 KB |
||||
31/03/2016 | 2016/411 | Guidelines on sound remuneration policies under the UCITS Directive and AIFMD | Fund Management | Report | PDF 1.39 MB |
Article 14a(4) of Directive 2009/65/EC (“UCITS Directive”), as amended by Directive 2014/91/EU (“UCITS V Directive”) provides that ESMA shall issue guidelines addressed to competent authorities or financial market participants concerning the application of the remuneration principles set out under Article 14b of the UCITS Directive (“UCITS Remuneration Guidelines”). This final report sets out the final text of the guidelines on remuneration policies required by the UCITS V Directive and also provides for a targeted revision of the Guidelines on sound remuneration policies under the AIFMD (ESMA/2013/232) (“AIFMD Remuneration Guidelines”), which were originally published on 3 July 2013. |
|||
13/07/2016 | 2016/1130 | Final Report on the Market Abuse Regulation Guidelines | Market Abuse, Market Integrity | Report | PDF 852.59 KB |
||||
12/09/2016 | 2016/1140 | Final advice on AIFMD passport | Fund Management | Technical Advice | PDF 621.95 KB |
This version of the advice includes the following clarifications with respect to the assessment of the Isle of Man:
|
|||
07/04/2017 | ESMA34-43-340 | Notification frameworks and home-host responsibilities under UCITS and AIFMD- ESMA Thematic Study among National Competent Authorities | Fund Management | Report | PDF 895.97 KB |
One of the key objectives of ESMA is to foster and increase supervisory convergence across NCAs. Thematic studies have been identified as a means of achieving this objective. Their aim is to review supervisory practice in the Member States, identifying good or best practices where possible. In 2016, ESMA conducted a thematic study on the operation of home and host responsibilities under AIFMD and UCITS with a view to promoting smooth operation of the EU passports for marketing and management, looking at the notification frameworks contained in the UCITS Directive and AIFMD. The findings of the thematic study form the core of this report. They are supplemented, where possible, by a number of recommendations on good supervisory practices. |
|||
16/07/2018 | ESMA33-128-473 | Final Report- Draft RTS on authorisation of firms providing STS verification services | Securitisation | Report | PDF 593.91 KB |
||||
16/07/2018 | ESMA33-128-477 | Final Report on STS notification | Securitisation | Report | PDF 1.5 MB |
||||
13/11/2018 | ESMA33-128-505 | Final Technical Advice Securitisation Repositories Fees | Securitisation | Technical Advice | PDF 570.74 KB |