ESMA seeks investment management experts for stakeholder panel
The European Securities and Markets Authority (ESMA) has issued today a call for candidates in order to renew the composition of its Consultative Working Group (CWG) which advises ESMA’s Investment Management Standing Committee (IMSC).
ESMA’s work relating to the activity of collective investment management principally covers:
- the Directives on Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Fund Managers (AIFMD);
- the Regulations on European Venture Capital Funds (EuVECA), European Social Entrepreneurship Funds (EuSEF), European Long-term Investment Funds (ELTIFs) and;
- shortly, Money Market Funds.
The IMSC’s work with respect to these legal frameworks covers such issues as marketing and distribution, conduct of business, product disclosures and transparency, valuation, eligible assets, asset safekeeping and risk management. In the UCITS context, investor protection is a key area, in line with ESMA’s objectives more generally.
ESMA has established the CWG to benefit from the expertise of stakeholders who are involved in these topics. The purpose of the CWG is to provide technical assistance to ESMA in relation to the IMSC’s work, CWG members are selected for a renewable term of two years.
Interested experts are asked to send their application to ESMA, using this form, along with their CV and letter of motivation, by 28 February 2017.
The current members of the IMSC CWG are listed on ESMA’s website here.