| Date | Reference | Title | ||
|---|---|---|---|---|
| ESMA22-1669215091-6899 | Summary of Conclusions Board of Supervisors - October 2026 | |||
| ESMA80-519981123-3461 | Decision on delegating to the ESMA Chair the refusal of registration decisions under the temporary regime of small ESG rating providers | |||
| ESMA43-1611686828-42128 | Decision on the delegation of the closure of non-complex breach of Union law cases to the Head of the Legal and Enforcement Department and to the Head of the Enforcement Unit | |||
| ESMA24-229244789-5690 | Summary of conclusions BoS-SMSG meeting - July 2026 | |||
| ESMA22-1669215091-6760 | Summary of Conclusions TRACE Delegated Project Board - July 2026 |
Board of Supervisors
The main role of the Board of Supervisors is to make all policy decisions of ESMA.
The Board guides the work of the Authority and has the ultimate decision-making responsibility regarding a broad range of matters including the adoption of ESMA Technical Standards, Opinions, Guidelines and the issuance of advice to the EU institutions. The Board is supported by a number of ESMA standing committees and working groups who are dealing with technical issues.
In addition to the ESMA Chair, the Board of Supervisors is composed of the heads of the national competent authorities (NCAs) in the European Union (EU) and the European Economic Area (EEA) responsible for securities regulation and supervision with non-voting representatives from the European Commission, the European Systemic Risk Board (ESRB), the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Free Trade Association Surveillance Authority (EFTA Surveillance Authority). The Executive Director attends the Board.
The Board of Supervisors meets at least twice a year.
In accordance with Article 44(3) of the ESMA Regulation 1095/2010, the Board of Supervisors has adopted Rules of Procedure.
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The declarations of interests of the Board members and their alternates are available on the Ethics and Conflict of Interest page.
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National Competent Authorities and Board Members
The order of protocol for the Member States is alphabetical, based on the original written form of the short name of each country.
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ESMA
| Position | Member | Role | |
|---|---|---|---|
| Chair | Verena ROSS | Member | |
| Executive Director | Natasha CAZENAVE |
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National Competent Authorities
| Country | Authority | Member | Alternate |
|---|---|---|---|
Belgium |
Financial Services and Markets Authority (FSMA) | Jean-Paul SERVAIS | Annemie ROMBOUTS |
Bulgaria |
Financial Supervision Commission (FSC) | Vasil GOLEMANSKI | Denitsa VELICHKOVA |
Czechia |
Česká národní banka (CNB) | Vojtěch BELLING | Karel JURÁŠ |
Denmark |
Finanstilsynet | Mette TAMS KITAJ | Henrik BRARUP DAMGAARD |
Germany |
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Thorsten PÖTZSCH | Jens FÜRHOFF |
Estonia |
Finantsinspektsioon (FSA) | Gerd LAUB | Andre NOMM |
Ireland |
Central Bank of Ireland | Gavin CURRAN | |
Greece |
Ελληνική Επιτροπή Κεφαλαιαγοράς (HCMC) | Vasiliki LAZARAKOU | Michail FEKKAS |
Spain |
Comisión Nacional del Mercado de Valores (CNMV) | Carlos SAN BASILIO |
Paloma MARIN |
France |
Autorité des Marchés Financiers (AMF) | Marie-Anne BARBAT-LAYANI | Sébastien RASPILLER |
Croatia |
Hrvatska agencija za nadzor financijskih usluga (HANFA) | Anamarija STANIČIĆ | Jurica JEDNAČAK |
Italy |
Commissione Nazionale per le Società e la Borsa (CONSOB) | Carlo COMPORTI | Maria Chiara MOSCA |
Cyprus |
Επιτροπή Κεφαλαιαγοράς Κύπρου (CySEC) | George KARATZIAS | Loukas LAGOUDIS |
Latvia |
Latvijas Banka | Santa PURGAILE | Kristaps SOMS |
Lithuania |
Lietuvos Bankas | Vaida MARKEVIČIENĖ | Vaidas CIBAS |
Luxembourg |
Commission de Surveillance du Secteur Financier (CSSF) | Claude MARX | Andrea GENTILINI |
Hungary |
Magyar Nemzeti Bank (MNB) | Dániel CSÁNYI | Gábor LAKI |
Malta |
Malta Financial Services Authority (MFSA) | Christopher BUTTIGIEG | Lorraine VELLA |
Netherlands |
Autoriteit Financiële Markten (AFM) | Richard DOORNBOSCH | Jos HEUVELMAN |
Austria |
Finanzmarktaufsicht (FMA) | Mariana KÜHNEL | Birgit PUCK |
Poland |
Komisja Nadzoru Finansowego (KNF) | Dariusz ADAMSKI | Magdalena ŁAPSA-PARCZEWSKA |
Portugal |
Comissão do Mercado de Valores Mobiliários (CMVM) | Luís LAGINHA DE SOUSA | Inês DRUMOND |
Romania |
Autoritatea de Supraveghere Financiară (ASF) | Alexandru PETRESCU | Gabriel-Ioan AVRĂMESCU |
Slovenia |
Agencija za trg vrednostnih papirjev (ATVP) | Anka ČADEŽ | Sabina BEŠTER |
Slovakia |
Národná Banka Slovenska (NBS) | Peter TKÁČ | Tomáš AMBRA |
Finland |
Finanssivalvonta (FSA) | Armi TAIPALE | Saara RUNDQVIST |
Sweden |
Finansinspektionen (FI) | Jimmy KVARNSTRÖM | Annika OTZ |
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European Economic Area members (non-voting)
| Country | Authority | Member | Alternate |
|---|---|---|---|
Iceland |
Central Bank of Iceland | Linda KOLBRÚN BJÖRGVINSDÓTTIR | Aðalsteinn EYMUNDSSON |
Liechtenstein |
Finanzmarktaufsicht (FMA) | Franz-Anton STEURER | Agnes GEHRER-WACHTER |
Norway |
Finanstilsynet | Marte VOIE OPLAND | Geir HOLEN |
| EFTA Surveillance Authority | Jonina SIGRUN LARUSDOTTIR |
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EU institutions (non-voting)
| Authority | Member |
|---|---|
| European Commission | Martin MERLIN |
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European System of Financial Supervision
| Authority | Member | |
|---|---|---|
| European Systemic Risk Board (ESRB) | Francesco MAZZAFERRO | |
| European Banking Authority (EBA) | François-Louis MICHAUD | |
| European Insurance and Occupational Pensions Authority (EIOPA) | Damian JAWORSKI | |
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