Today, the Financial Services and Markets Authority (FSMA), the European Securities and Markets Authority (ESMA), the European Central Bank (ECB) and the European Commission announce the launch of a new working group tasked with the identification and adoption of a risk-free overnight rate which can serve as a basis for an alternative to current benchmarks used in a variety of financial instruments and contracts in the euro area.

Ensuring broad market acceptance is vital for the effective functioning of any alternative to existing benchmark rates.

Once it has made a recommendation on its preferred alternative risk-free rate, the group will also explore possible approaches for ensuring a smooth transition to this...

Joint the ESMA Conference on 17 October 2017 in Paris. Participants will be discussing "The State of European Financial Markets".

The ESMA Conference 2017 will be a unique gathering of political decision makers, global regulators and high-profile financial industry leaders. Around 350 participants will discuss the state of European financial markets – including the key issues currently affecting the financial sector such...

The European Securities and Markets Authority (ESMA) has published today the responses received to its Consultation on guidelines on internalised settlement reporting under Article 9 of CSDR

To view the responses, please click the button below.

The European Securities and Markets Authority (ESMA) has issued today a procedure under Markets in Financial Instruments Regulation (MiFIR) laying out the steps for trading venues to temporarily opt-out from access provisions for exchange-traded derivatives (ETDs).

MiFIR establishes non-discriminatory and open access provisions for trading venues and central counterparties (CCPs). In particular, trading venues are obliged to provide access including data feeds on a non-discriminatory and transparent basis to CCPs that wish to clear transactions executed on...