ESMA's Activities
ESMA undertakes a wide range of different activities to achieve its mission and strategic objectives.
ESMA acts as
- a regulator developing regulatory guidance to supervisors and regulated entities within its remit and drafting proposals for legally binding technical standards;
- a promotor of supervisory convergence and coordination undertaking peer reviews, organising trainings, facilitating common supervisory actions, developing common EU supervisory priorities;
- a direct supervisor of a subset of financial infrastructures and service providers;
- a market monitor carrying out stress tests and publishing reports and research about risks to investors and financial stability;
- a data and information hub providing infrastructure and data quality control of regulatory data used by supervisors and market participants;
- a defender of EU common interests in international fora and in relation to non-EU supervisors, promoting common global standards and dialogue with third-country markets and securities supervisors; and
- a technical advisor to the Commission, Parliament and Council in matters of securities and market supervision by publishing technical advice, opinions and reports.
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ESMA undertakes all of these activities in the following sectors:
| Investors and Issuers | Markets and Infrastructures |
|---|---|
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ESMA carries out its work according to two thematic drivers:
- Sustainable Finance: ESMA promotes effective and consistent integration of sustainability-related factors in supervisory, convergence, risk assessment and regulatory activities across all sectors.
- Technological innovation: Promotes resilience and cyber-security across all sectors and fosters convergence in the regulatory and supervisory treatment of new or innovative financial activities and technological innovation such as crypto-assets.
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