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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
18/07/2013 2013/992 ESMA finalises supervisory co-operation agreements for alternative investment Fund Management, Press Releases, International cooperation Press Release PDF
167.72 KB
21/03/2014 2014/302 ESMA consults on major shareholders disclosures Corporate Disclosure, Transparency Press Release PDF
93.61 KB		 ESMA consults on major shareholders disclosures The European Securities and Markets Authority (ESMA) has launched a consultation on draft Regulatory Technical Standards (RTS) under the revised Transparency Directive relating to the notification of major shareholdings and the indicative list of financial instruments subject to notification requirements. The consultation runs until 30 May 2014. The revised Directive harmonises transparency requirements relating to information about issuers whose securities are admitted to trading on an EU regulated market. This harmonisation aims to enhance transparency in respect of the ownership structure of an issuer, to improve legal certainty and reduce the administrative burden for cross-border investors. The revised Transparency Directive also addresses the issue of the disclosure regime for new types of financial instruments that expose investors to an economic risk similar to when holding shares. The draft RTS support these objectives by facilitating the creation of a harmonised regime regarding the aggregation of holdings of shares and financial instruments, the calculation of notification thresholds and the exemptions from notification requirements. Steven Maijoor, ESMA Chair, said: “Transparency is essential for ensuring that markets function properly and investors are afforded adequate protection when making investment decisions. “Today’s proposals support the aims of the Transparency Directive to improve the effectiveness of the transparency regime on corporate ownership. Clarity on this issue will ensure that shareholders and potential investors are in possession of the information needed to make informed investment decisions.” Draft Regulatory Technical Standards The draft RTS on the major shareholding notifications addresses the following issues: • Method of calculation of 5% threshold exemption regarding trading books and market makers; • Calculation method regarding a basket of shares or an index; • Methods for determining the ‘delta’ for calculating voting rights; and • Exemptions regarding notification of financial instruments. The Consultation Paper also sets out the proposed content of an indicative list of financial instruments which should be subject to the notification requirements laid down in the Directive, and outlines the processes for updating that list. The input from stakeholders will help ESMA in drafting the final report and determining the content of the draft RTS. Comments to this consultation can be submitted via ESMA’s website and the deadline for submission is 30 May 2014.
21/12/2016 2016/1682 2016-1682 Press Release on Feedback Statement on ESEF Corporate Disclosure, European Single Electronic Format, Press Releases, Transparency Press Release PDF
225.03 KB
11/04/2019 ESMA31-67-127 Question and answers on Transparency Directive (TD) Brexit, Corporate Disclosure, Corporate Finance, Supervisory convergence, Transparency Q&A PDF
352.79 KB
13/11/2018 ESMA33-128-505 Final Technical Advice Securitisation Repositories Fees Securitisation Technical Advice PDF
570.74 KB
28/05/2020 ESMA33-128-563 Questions and answers on the Securitisation Regulation Securitisation Q&A PDF
1.18 MB
06/12/2017 ESMA50-164-1173 Press Release MiFID/MAR Transitional Transparency Calculations Market Abuse, Market Integrity, MiFID - Secondary Markets, MiFID II: Transparency Calculations and DVC, Press Releases Press Release PDF
225.44 KB
15/02/2019 ESMA71-99-1115 ESMA IOSCO Statement on EDPB Opinion Corporate Governance, International cooperation Press Release PDF
83.19 KB
17/01/2020 ESMA71-99-1275 Press Release- ESMA Consultation on Securitisation Reporting Data Press Releases, Securitisation Press Release PDF
98.8 KB
09/03/2020 ESMA71-99-1287 ESMA Supervision WP 2020 Benchmarks, Credit Rating Agencies, Press Releases, Securities Financing Transactions, Securitisation, Trade Repositories Press Release PDF
130.42 KB
17/04/2020 ESMA71-99-1313 Benchmarks MoU- 30 Mar (MAS ESMA) Benchmarks, International cooperation, Press Releases Press Release PDF
112.32 KB
19/12/2017 ESMA71-99-916 ESMA consults on securitisation requirements Press Releases, Securitisation Press Release PDF
150.34 KB