ESMA Newsletter - Nº10
Welcome to the tenth edition of ESMA's newsletter. In this issue, we take a look at our full list of ESMA staff speaking appearances and we catch up on publications from November and December. Also, two new executive vacancies have been opened and deadlines are approaching, at the beginning of next year. The Board of Supervisors has met on 3 December, for the first time in our new premises near Gare de Lyon in Paris, so stay with us for more updates.
Important consultations closing this month
- The full list of consultations and reply forms can be found on the ESMA consultations page
ESMA Board of Supervisors meeting on 3/4 December 2019
- ESMA's Board of Supervisors has met in Paris December 3 at our new premises at Gare de Lyon.
Keynote speeches
| Date | ESMA Speaker | Event | Read more |
| 19 November | Steven MAIJOOR | Keynote address at Euro Finance Week | Read the full speech here |
| 22 November | Steven MAIJOOR | Keynote at EFAMA Investment Management Forum | Read the full speech |
| 28 November | Steven MAIJOOR | Speech at EFRAG conference on IFRS and regulation | Read the full speech here |
Speaking appearances by ESMA staff this month
- The full list of ESMA's planned speaking appearances for December can be found here
Vacancy Notices
| Traineeship notice – Transversal profile (F/M) | 31/12/2019 |
| Traineeship notice – Legal profile (F/M) | 31/12/2019 |
| Traineeship notice - Financial Markets Profile (F/M) | 31/12/2019 |
| Chair of the CCP Supervisory Committee and Director for CCPs - AD16 | 06/01/2020 |
| Independent Member of the CCP Supervisory Committee and Director for CCPs - AD15 | 06/01/2020 |
All open vacancies can be found on ESMA's recruitment portal
Missed any ESMA publications? Check out the full list of news items from our press office.
- Publication period: 22 November - 19 December 2019
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19 December |
The European Securities and Markets Authority (ESMA) has published its 2020 calendar of MiFID II/MiFIR relevant publications for the transparency regime and systematic internalisers’ tests. The calendar, available in this page, will assist market participants planning for the next 12 months. |
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18 December ESMA proposes strengthened rules to address undue short-termism in securities markets |
The European Securities and Markets Authority (ESMA) has published its findingson potential undue short-term pressures in securities markets. The European Commission (EC) had asked the three ESAs (ESMA, EBA and EIOPA) to investigate potential sources of undue short-termism on corporations and provide advice on areas which regulators should address. The three ESA reports are published today. |
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16 December ESAs transform the way competent authorities cooperate with each other on AML/CFT matters |
The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published Joint guidelines on cooperation and information exchange, establishing colleges of anti-money laundering and countering the financing of terrorism (AML/CFT) supervisors for the first time in the EU to ensure effective cooperation and information exchange between competent authorities. These measures are needed to strengthen the EU’s AML/CFT efforts. |
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13 December ESMA provides information on pending applications for benchmark administrators |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has made available informationon pending authorisation/registration applications by EU-based administrators under the Benchmark Regulation (BMR). |
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13 December ESMA publishes responses received to its consultation on the MAR review |
The European Securities and Markets Authority (ESMA) has published the responses it received by stakeholders on its consultation on the review of the Market Abuse Regulation (MAR). Responses are available on its website. |
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13 December ESMA issues 2019 report on Accepted Market Practices under MAR |
The European Securities and Markets Authority (ESMA) has published its second annual reporton the application of accepted market practices (AMPs) in accordance with the Market Abuse Regulation (MAR). |
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13 December ESMA consults on procedural rules to impose penalties on supervised entities |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has opened a public consultationon future procedural rules regarding penalties for third-country central counterparties (TC-CCPs), trade repositories (TRs) and credit rating agencies (CRAs). |
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12 December ESMA publishes responses received to its FRANDT consultation |
The European Securities and Markets Authority (ESMA) has published the responsesit received to its consultation on its draft technical advice on commercial terms for providing clearing services under EMIR (FRANDT) |
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12 December ESMA reports on NCAs’ issuance of sanctions and administrative measures under MAR |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the annual report concerning administrative and criminal sanctions as well as other administrative measures issued by National Competent Authorities (NCAs) under the Market Abuse Regulation (MAR). |
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12 December ESMA calls for strengthened supervision on suspicious transaction reporting |
The European Securities and Markets Authority (ESMA) has published a peer review report on how national competent authorities (NCAs) handle suspicious transactions and order reports (STOR) under the Market Abuse Regulation (MAR). |
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12 December ESMA issues second pan-EU overview on the use of supervisory sanctions for UCITS |
The European Securities and Markets Authority (ESMA), the EU’s securities regulator, has issued its second annual report on sanctions (penalties and measures) imposed by national competent authorities (NCAs) under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive. This report covers the year 2018. |
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11 December |
The European Securities and Markets Authority (ESMA) has issued an update of its Question and Answers (Q&As) on the European Benchmarks Regulation (BMR). |
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11 December ESMA amends CRR standard on main indices and recognised exchanges |
The European Securities and Markets Authority (ESMA) has issued the Final Reporton draft amendments to Implementing Regulation (EU 2016/1646), specifying the main indices and recognised exchanges under the Capital Requirements Regulation (CRR) relevant to credit institutions and investment firms subject to prudential requirements and trading venues. |
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11 December |
The European Securities and Markets Authority (ESMA) has issued a briefing on the recognition regime under the Benchmark Regulation (BMR). |
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10 December ESMA publishes report on the responses received to its consultation on the ELTIF regulation |
The European Securities and Markets Authority (ESMA), the EU securities regulator, publishes the final report on the draft Regulatory Technical Standards (RTS) under Article 25 of the regulation on European long-term investment funds (ELTIF). |
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09 December |
The European Securities and Markets Authority (ESMA) the EU’s securities regulator, publishes its second Annual Statistical Report(Report) analysing the European Union’s (EU) derivatives markets. The Report, based on data submitted under the European Markets and Infrastructure Regulation (EMIR), provides a comprehensive market-level view of the EU’s derivatives markets in 2018, which had a total size of €735tn gross notional amount outstanding, an increase of 11% on 2017. |
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09 December ESMA publishes 2nd Annual Report on EMIR penalties and supervisory measures |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its second annual report regarding supervisory measures carried out and penalties imposed by national competent authorities (NCAs) under the European Market Infrastructure Regulation (EMIR). |
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06 December |
The European Securities and Markets Authority (ESMA) has updated its public register with the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II). |
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06 December |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answers on data reporting under the Market in Financial Instruments Regulation (MiFIR). |
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05 November ESMA updates its Q&As on MiFID II and MiFIR transparency and market structures topics |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answers regarding market structuresand transparencyissues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). |
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05 December |
The European Supervisory Authorities (ESAs) published joint draft Regulatory Technical Standards (RTS)to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. Both RTS and the statement were developed to facilitate further international consistency in the implementation of the global framework agreed by the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO). |
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05 December |
The European Securities and Markets Authority (ESMA), the EU securities markets regulator, has published a first review report on the development of prices for market data and on the consolidated tape for equity, following the application of the Markets in Financial Instruments Directive (MiFID II) for nearly two years. |
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05 December |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has launched a consultation on proposed Guidelines on Internal Controls for CRAs, which sets out the systems and controls that credit rating agencies (CRAs) should have in place to meet the requirements of the CRA Regulation (CRAR) on internal controls. |
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04 December |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answerson the application of the Alternative Investment Fund Managers Directive (AIFMD) |
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04 December ESMA appoints Robert Ophèle as the Acting Chair of its CCP Supervisory Committee |
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointedRobert Ophèle, the Chair of the Autorité des Marchés Financiers (AMF) of France, as the Acting Chair of ESMA’s Central Counterparty (CCP) Supervisory Committee. |
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04 December ESMA updates Q&AS on MiFID II and MiFIR investor protection and intermediaries |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answerson the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The update includes Q&As on costs and charges and product intervention |
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03 December |
The European Securities and Markets Authority (ESMA) has issued an update of its Question and Answers (Q&As) on the European Benchmarks Regulation (BMR). |
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03 December |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answers (Q&As) regarding the implementation of the Central Securities Depositories Regulation (CSDR). |
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29 November |
The European Securities and Markets Authority (ESMA) has published its annual market share calculationfor European Union (EU) registered credit rating agencies (CRAs) for 2019. |
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28 November ESMA Chair Maijoor speech at EFRAG conference on IFRS and regulation |
ESMA Chair Maijoor speech at EFRAG conference on IFRS and regulation. |
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28 November ESMA sees continued high market risk amid deteriorating economic fundamentals |
The European Securities and Markets Authority (ESMA), the EU’s securities regulator, today publishes its latest risk dashboardfor the European Union’s securities markets, covering the third quarter of 2019. |
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27 November ESMA publishes responses to consultation on aligning MiFIR to the changes introduced by EMIR Refit |
The European Securities and Markets Authority (ESMA) has published the responses it received to its consultation on aligning the Markets in Financial Instruments Regulation (MiFIR) requirements to the changes introduced by the revision of the European Market Infrastructure Regulation (EMIR Refit). |
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22 November Steven Maijoor delivers keynote at EFAMA Investment Management Forum |
The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, has delivered the keynote addressat EFAMA’s Investment Management Forum in Brussels this morning. |
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22 November ESMA begins recruitment of Chair and Members for its CCP Supervisory Committee |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published two vacancy noticesfor the new CCP Supervisory Committee (Committee) that it is required to establish under the amended European Market Infrastructure Regulation (EMIR 2.2). ESMA is recruiting for the position of Chair and two Independent Members of the new Committee. |
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22 November |
ESMA has moved to new premises in the 12th arrondissement in Paris. |