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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
05/07/2013 2013/ITMG/14 Terms of Reference IT Management and Governance Group Reference PDF
46.39 KB
11/07/2013 2013/MB/37 Summary of conclusions MB meeting 13/03/13 Reference PDF
145.43 KB
27/09/2013 2013/MB/55 Summary of conclusions MB meeting 26/06/13 Reference PDF
114.71 KB
19/02/2013 2013/MB/6 Summary of conclusions MB meeting 17/12/12 Reference PDF
168.56 KB
19/12/2013 2013/MB/81 Summary of conclusions MB meeting 23/09/13 Reference PDF
82.52 KB
01/10/2014 2014/1200 2015 Work Programme , , Reference PDF
500.54 KB
The European Securities and Markets Authority (ESMA) has published its Work Programme for 2015. The programme sets out how ESMA intends to achieve its statutory objectives of investor protection and stable and orderly functioning markets through its operational activities of convergence, risk monitoring and analysis, the single rulebook and supervision. The projected work programme is based on a budget of €38,639,000 and a staff base of 202 people as per the budget approved by ESMA’s Board of Supervisors on 6 February 2014 and subsequently submitted to the EU institutions. At the time of drafting, the budget prepared by the European Commission and sent to the EU Council and Parliament for ESMA in 2015 is for €33,627,920 and 186 people. In order to prepare for the eventuality that ESMA will receive fewer posts than planned for in the work programme, Annex 5 contains a list of the areas of work that ESMA would be unable to accomplish in 2015 with reduced resources.
22/12/2014 2014/1583 Credit Rating Agencies’ 2014 market share calculations for the purposes of Article 8d of the CRA Regulation Reference PDF
330 KB
One of the objectives of the CRA Regulation is to increase competition in the markets for credit ratings by encouraging issuers to use smaller credit rating agencies. To this end, Article 8d(1) of the CRA Regulation states that where issuers or related third parties intend to appoint at least two CRAs to rate an issuance or entity, they shall consider appointing at least one CRA with no more than 10% of the total market share. They will consider this where the issuer or related third party finds that such a CRA is capable of rating the relevant issuance or entity and there is such a CRA available to rate the issuance or entity in question. Where it is not possible to appoint at least one CRA with no more than 10% of the total market share, the issuer or related third party shall document this. The obligations in Article 8d are supervised and enforced at national level by sectoral competent authorities. To help issuers and related third parties carry out this evaluation, Article 8d(2) of the CRA Regulation requires ESMA to publish a list of CRAs registered in the European Union (EU) on its website every year, indicating their total market share and the types of credit ratings issued.
31/03/2014 2014/MB/18 Summary of conclusions MB meeting 23/01/14 Reference PDF
154.38 KB
27/06/2014 2014/MB/28 Summary of conclusions MB meeting 18/03/14 Reference PDF
149.1 KB
08/10/2014 2014/mb/52 Summary of conclusions MB meeting 19/06/14 Reference PDF
167.93 KB
30/01/2014 2014/MB/6 Summary of conclusions MB meeting 16/12/13 Reference PDF
73.25 KB
19/11/2014 2014/MB/68 Summary of conclusions MB meeting 24/09/14 Reference PDF
194.89 KB
19/12/2014 2014/MB/73 Summary of Conclusions Management Board 7 November 2014 Reference PDF
127.6 KB
10/07/2015 2015/1174 Public statement- ESMA registers modeFinance as credit rating agency Reference PDF
107.03 KB
17/11/2015 2015/1736 form_to_reply_vr_cra Reference DOCX
783.87 KB
11/12/2015 2015/1870 Registration form Open Hearing on Discussion Paper Reference DOCX
334.56 KB
31/03/2015 2015/MB/17 Summary of Conclusions Management Board 28 January 2015 Reference PDF
218.77 KB
11/02/2015 2015/MB/2 Summary of conclusions MB meeting 16/12/14 Reference PDF
197.67 KB
17/07/2015 2015/MB/28 Summary of conclusions MB meeting 18/03/15 Reference PDF
144.56 KB
13/07/2016 2016/1121 REPLY FORM Reply form for the Consultation Paper on the Guidelines on the validation and review of CRAs’ methodologies Reference DOCX
770.06 KB