ESMA_QA_2501
Topic
Best Execution
03/04/2025
Subject Matter
Bulletin Board - Disclosure obligations (point (b) of Article 25(3) of the ECSPR)
Question
How should the disclosure obligation established in point (b) of Article 25(3) of the ECSPR be applied?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2496
Topic
ICT-related incident 
27/03/2025
Subject Matter
Incident report submission format
Question
What is the submission format for the incident reports (initial notification, intermediate and final) that CTPPs and Financial Entities need to submit to the CA?
Level 1 Regulation
Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA)
ESMA_QA_2486
Topic
Crypto-Asset Service Provider (CASP)
18/03/2025
Subject Matter
Interests earned from client funds deposited at credit institutions
Question
Does MiCA permit crypto-asset service providers (CASPs) to earn interest on client funds deposited in a savings account at a credit institution?
Level 1 Regulation
MiCA
ESMA_QA_2482
Topic
ELTIF
14/03/2025
Subject Matter
Redemption policy
Question
Can ELTIFs set a percentage of liquid assets referred to in Article 9(1)(b) of the ELTIF Regulation that is lower than the maximum percentage referred to in Annexes I or II of Delegated Regulation 2024/2759?
Level 1 Regulation
European Long-Term Investment Funds Regulation (ELTIF) Regulation (EU) 2015/760
ESMA_QA_2481
Topic
ELTIF
14/03/2025
Subject Matter
Nationality-related eligibility restrictions on ELTIFs stemming from national law
Question
a) Shall Article 1(3) of the ELTIF Regulation be understood as not allowing a national law, regulation or administrative practice, either generally for all ELTIFs or specifically for some ELTIFs/specific situations, to require the master ELTIF to be established in the same Member State as the feeder ELTIF?

b) and c) May an ELTIF be required by national law, regulation or administrative practice to be authorised or established in a particular Member State when packaged in insurance products or embedded in pension/savings plans in order to be eligible as target investment? May any other provision or option provided for in the ELTIF Regulation be restricted by a national law, regulation or administrative practice for ELTIFs packaged in insurance products or embedded in pension/savings plans?
Level 1 Regulation
European Long-Term Investment Funds Regulation (ELTIF) Regulation (EU) 2015/760