ESMA publishes latest edition of its Newsletter

Your one-stop-shop in the world of financial markets focuses this month on the 2020 Annual Report. ESMA was at the forefront of the response to the COVID-19 crisis and Brexit on EU financial markets, while assuming new powers and supervisory responsibilities under the European Supervisory Authorities’ Review and EMIR 2.2.

For ESMA,  two key achievements were related directly to the new mandates – firstly our swift response to the Wirecard case which resulted in a comprehensive report in response to the request from the European Commission, and secondly, the establishment of the Central Counterparties Supervisory Committee.

Other key publications include:

• the Central Counterparties Stress Test;
• the first Risk Dashboard for 2021;
• the Final Report on the MiFIDII/MiFIR obligations on market data;
• the approval of the first two securitisation repositories; and
• the Joint Statement with the European Commission, ECB Banking Supervision, and the European Banking Authority on LIBOR cessation.

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