ESMA publishes Report on Suspicious Transactions and Order Reports
17/07/2023
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing a Report on Suspicious Transactions and Order Reports (STORs). The report provides an overview of how STORs are used across different jurisdictions in the context of the detection and investigation of market abuse, and how their use has evolved over time.
Our experts looked at various metrics such as:
- the number of STORs and other notifications received by NCAs;
- the source of these notifications;
- the breakdown per instrument type and type of violation; and
- the number of STORs provided to and received from other Competent Authorities (both within and outside the EEA).
The report covers mainly 2021 and 2022.
Next steps
ESMA continues to monitor STORs and may issue an updated report next year covering 2023.