ESMA - European Securities and Markets Authority

Tuesday 16 January 2018 16:17

Tuesday 16 January 2018 16:17

Tuesday 16 January 2018 16:00

ESMA and EBA to hold joint open hearing on Securitisation Regulation

Tuesday 16 January 2018 10:21

The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) will hold a joint public hearing on the new EU Securitisation Regulation. The hearing will cover the two ESAs’ recently published consultation papers on draft regulatory technical standards (RTS) under the Securitisation Regulation.

The joint EBA/ESMA hearing will be held on Monday 19 February 2018 at the EBA’s premises, beginning at 10h00. The hearing will cover the following items:

·         From 10h00-13h00 [ESMA]: Technical standards on securitisation disclosure...

ESMA raises concerns on fees charged by CRAs and Trade Repositories

Thursday 11 January 2018 12:50

The European Securities and Markets Authority (ESMA) has published a Thematic Report on fees charged by Credit Rating Agencies (CRAs) and Trade Repositories (TRs), following the conclusion of ESMA’s supervisory review of the current fee structures in the credit rating and trade repository industries.

In conducting its review, ESMA has collected and analysed information from publically available resources, periodical submissions to ESMA and dedicated requests for information from supervised entities. ESMA also maintained regular engagement with users of credit rating and trade repositories services who provided further information.

Based on this evidence, the Thematic Report provides ESMA’s views on the application of the requirements that fees charged by CRAs should be non-discriminatory and cost-based, and TRs provide non-discriminatory access and charge publicly disclosed and cost-related fees. It equally identifies the...

ESMA delays publication of double volume cap data

Tuesday 09 January 2018 17:27

The European Securities and Markets Authority (ESMA) today decided to delay the publication of the data on the double volume cap (DVC) mechanism for January 2018. The current quality and completeness of the data does not allow for a sufficiently meaningful and comprehensive publication of double volume cap calculations, as required under MiFID II/MiFIR, and ESMA has taken this decision to avoid creating an unlevel playing field.

Since 3 January, ESMA has been performing an analysis of the quality and completeness of the data received from trading venues to perform DVC calculations. Based on the analysis performed, ESMA realised that the publication would have resulted in a biased picture covering only a very limited...

ESMA issues list of trading venues temporarily exempted from open access under MiFIR

Tuesday 09 January 2018 16:22

The European Securities and Markets Authority (ESMA) has published today a list of those trading venues for which a temporary exemption from the open access provisions under 36(5) of the Markets in Financial Instruments Regulation (MiFIR) exists. 

While MiFIR allows firms to freely choose where to trade and clear their products, which both CCPs and trading venues need to facilitate, trading venues and CCPs may notify ESMA and their national competent authority of their intention to temporarily opt-out from the access provisions for...

Tuesday 09 January 2018 16:20

ESMA publishes register of derivatives to be traded on-venue under MiFIR

Tuesday 09 January 2018 16:16

The European Securities and Markets Authority (ESMA) has published today a public register of those derivative contracts that are subject to the trading obligation under the Markets in Financial Instruments Regulation (MiFIR).

MiFIR applies since 3 January 2018, and the trading obligation is further specified in Commission Delegated Regulation (EU) 2017/2417.

The register...

Tuesday 09 January 2018 16:14