ESMA Newsletter - Nº12
Welcome to the twelfth edition of ESMA's newsletter.
This month, ESMA has published its strategy on sustainable finance and launched a call for candidates to join our stakeholders group with a deadline for applications of 29 March. We also opened two important consultations which close at the end of March. Also in this issue, we take a look ot our full list of ESMA staff speaking appearances and we catch up on publications from February. 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 launches its strategy on Sustainable Finance.
The strategy, launched beginning of February, sets out how ESMA will place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work.
ESMA Chair, Steven Maijoor, in his keynote address at the European Financial Forum in Dublin said:
"Key pillars supporting the shift towards a more sustainable financial system are the measurement, verification and disclosure of ESG factors.
It is important that public authorities step in and establish robust ESG standards and supervise the relevant actors and products to prevent the risk of greenwashing".
ESMA seeks candidates for its stakeholder group.
ESMA is seeking candidates to represent the interests of all types of financial markets stakeholders as members of its SMSG.
Speaking appearances by ESMA staff this month
- The full list of ESMA's planned speaking appearances for February can be found here
On our Youtube channel, check out Steven Maijoor's speech on Sustainable Finance at the European Financial Forum in Dublin.
ESMA Board of Supervisors meeting on 25 March 2020.
- ESMA's Board of Supervisors is going to next on 25 March at our premises near Gare de Lyon.
Vacancy Notices
| Traineeship notice – Transversal profile (F/M) | 31/12/2020 |
| Traineeship notice – Legal profile (F/M) | 31/12/2020 |
| Traineeship notice - Financial Markets Profile (F/M) | 31/12/2020 |
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: 29 January - 9 March 2020
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09 March ESMA’s supervision focuses on outstanding credit ratings, data quality and third country CCPs |
The European Securities and Markets Authority (ESMA) has published its 2020 Supervision Work Programme, detailing the areas of focus for its supervision of Credit Rating Agencies (CRAs), Trade Repositories (TRs) and the monitoring of third-country Central Clearing Counterparties (TC-CCPs) and Central Securities Depositories (TC-CSDs). ESMA is also preparing for its new supervisory responsibilities under the Securities Financing Transactions Regulation (SFTR), the Securitisation Regulation (SECR), the Benchmarks Regulation and MiFIR. |
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06 March |
The European Securities and Markets Authority (ESMA) has updated its public registerwith the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II). |
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03 March Steven Maijoor delivers keynote at 4th Annual Fintech Conference |
Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), has delivered the keynote addressat the 4th Annual Fintech Conference in Brussels today. |
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02 March |
The European Securities and Markets Authority (ESMA) has issued a reporton C6 energy derivatives and related obligations under the European Market Infrastructure Regulation (EMIR). |
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02 March ESMA seeks experts in corporate finance to join its industry advisory group |
The European Securities and Markets Authority (ESMA) has published an open call for candidatesfor industry experts in corporate finance. |
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28 February |
The European Securities and Markets Authority (ESMA) had made available the results of the annual transparency calculations for equity and equity-like instruments. |
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19 February ESMA finds continued high risks as financial markets remain highly volatile |
The European Securities and Markets Authority (ESMA), the EU’s securities regulator, publishes the first Trends, Risks and Vulnerabilities (TRV) report of 2020. ESMA identifies continued high risks and a weaker economic outlook as markets remain highly sensitive to geopolitical events. The risk outlook is stable, however risks are high, particularly in the securities markets and for retail investors. |
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18 February |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answerson the Prospectus Regulation with two new Q&As. |
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18 February ESMA updates Q&AS on MiFID II and MiFIR investor protection topics |
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). |
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17 February |
The European Securities and Markets Authority (ESMA) has updated its Questions and Answers (Q&As) on the Credit Rating Agencies Regulation (CRAR). |
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17 February |
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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14 February |
The European Securities and Markets Authority (ESMA) is seekingcandidates to represent the interests of all types of financial markets stakeholders as members of its Securities and Markets Stakeholders Group (SMSG). |
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14 February ESMA responds to European Commission consultation on the Benchmark Regulation review |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its response to the European Commission’s (EC) Consultation on the review of the Benchmark Regulation (BMR). ESMA’s responses focus on the cessation of critical benchmarks, parity between EU and third-country benchmarks and transparency. |
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12 February Steven Maijoor on Sustainable Finance at the European Financial Forum in Dublin |
Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), has delivered a keynote address on sustainable finance issues at the European Financial Forum in Dublin. |
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07 February |
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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07 February |
The European Securities and Markets Authority (ESMA) has published seven opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR). |
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07 February ESMA PUBLISHES THE FINAL REPORT ON MIFIR ALIGNMENTS FOLLOWING THE INTRODUCTION OF EMIR REFIT |
The European Securities and Markets Authority (ESMA) has published a final reportsuggesting amendments to the trading obligation under MiFIR following the introduction of EMIR Refit. |
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06 February |
ESMA has published a statement to provide an update on the implementation of the supervisory briefing on pre-trade transparency in commodity derivatives. |
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06 February |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its Strategy on Sustainable Finance. The strategy sets out how ESMA will place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work. |
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05 February ESMA launches a Common Supervisory Action with NCAs on MiFID II suitability rules |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a common supervisory action (CSA) with national competent authorities (NCAs) on the application of MiFID II suitability rules across the European Union (EU). The CSA will be conducted during 2020. |
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05 February |
The European Securities and Markets Authority (ESMA) has published a Final Reporton draft regulatory technical standards (RTS) on postponing the date of entry into force of the Commission Delegated Regulation (EU) 2018/1229 (RTS on settlement discipline) to 1 February 2021. |
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04 February |
The European Securities Markets Authority (ESMA) has published an amended version of its guidelineson enforcement of financial information. The Guidelines apply to national competent authorities’ (NCAs) enforcement of financial information which issuers, listed on regulated markets, are required to publish under the Transparency Directive. |
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04 February ESMA consults on MiFIR transparency regime for equity instruments |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has launched a Consultation Paper (CP) reviewing the MiFIR transparency regime for equity, ETFs and other related instruments. The CP contains proposals, based on in-depth data analysis of the effects of the current regime since January 2018, for possible amendments to the transparency regime. |
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04 February ESMA advises the European Commission on Product Intervention |
The European Securities and Markets Authority (ESMA), the EU’s securities market regulator, publishes its final Reporton product intervention requirements under MiFIR. |
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03 February ESMA CONSULTS ON MIFIR TRANSPARENCY REGIME FOR SYSTEMATIC INTERNALISERS |
The European Securities and Markets Authority (ESMA) has launched a consultationon the MiFIR pre-trade transparency regime for systematic internalisers (SI) active in non-equity instruments. |
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03 February ESMA issues an opinion on Product Intervention measures by Norway |
The European Securities and Markets Authority (ESMA) has issued an opinion on two product intervention measures taken by the National Competent Authority (NCA) of Norway. |
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31 January |
The European Securities and Markets Authority (ESMA) has started to make available new data for bonds subject to the pre- and post-trade requirements of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR) through its data register. |
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31 January |
The European Securities and Markets Authority (ESMA) has published data for the systematic internaliser calculations for equity, equity-like instruments and bondsunder the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). |
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31 January ESMA issues opinion on accepted market practice on liquidity contracts by CONSOB |
The European Securities and Markets Authority (ESMA) has issued an opinion supporting a revised Accepted Market Practice on liquidity contracts notified by the Italian market regulator, the Commissione Nazionale per le Società e la Borsa (Consob). |
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31 January ESMA consults on the new MiFIR and MiFID II regimes for third-country firms |
The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has launched a consultationon draft technical standards on the provision of investment services and activities in the European Union (EU) by third-country firms under MiFIR and MiFID II. |
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31 January |
The European Securities and Markets Authority (ESMA) is publishing this statement to clarify issues relating to its governance and the reporting obligations for UK entities from 1 February 2020 following the United Kingdom’s (UK) withdrawal from the European Union (EU). |
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30 January ESMA launches a Common Supervisory Action with NCAs on UCITS liquidity risk management |
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a Common Supervisory Action (CSA) with national competent authorities (NCAs) on the supervision of UCITS’ managers liquidity risk management across the European Union (EU). The CSA will be conducted during 2020. |
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30 January |
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed chairs of its standing committees. |
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29 January ESMA announces open hearing on its Consultation on Internal Controls for CRAs |
The European Securities and Markets Authority (ESMA) will hold an open hearingin the context of its Consultation on Internal Controls for Credit Rating Agencies. |