Corporate Information

Watch ESMA Chair Steven Maijoor in his interview with Francesco Guerrera of Politico on 29 June at The University of Chicago Booth School of Business in London.

 

The European Securities and Markets Authority (ESMA) has published today its Annual Report for 2015, which describes the key accomplishments by ESMA in 2015.

In 2015, ESMA has made significant steps in realising its mission of enhancing investor protection and promoting stable and orderly financial markets through a variety of means, namely assessing risks to investors, markets and financial stability, creating a single rulebook, promoting supervisory convergence and supervising credit rating agencies and trade repositories.

ESMA Annual Report 2015

BG  - Преводът е предоставен от Центъра за преводи за органите на Европейския съюз.

CS - Tento překlad vypracovalo Překladatelské středisko pro instituce Evropské unie.

DA - Denne oversættelse er udarbejdet af Oversættelsescentret for Den Europæiske Unions Organer.

DE - Die Übersetzung erfolgte durch das Übersetzungszentrum für die Einrichtungen der Europäischen Union.

EL - Η παρούσα μετάφραση έγινε από το Μεταφραστικό Κέντρο των Οργάνων της Ευρωπαϊκής Ένωσης.

ES - Texto traducido por el Centro de Traducción de los Órganos de la Unión Europea.

The European Securities and Markets Authority (ESMA) has been informed that its identity and logo have been used in communications targeting company employees in order to request the transfer of company money.

In addition, ESMA has been informed that attempts were made to use the name of a senior member of ESMA staff also for the purpose of fraudulent scams targeting a savings bank and a listed issuer.

Please note that all references to ESMA or any ESMA employees in these communications, which do not originate from ESMA, are entirely false and have been made without ESMA’s knowledge or consent.

In order to protect yourself against these unauthorised communications, ESMA advises you:

  • To check whether the e-mail received is genuine;
  • To inform your superior in case of suspicious e-mails;
  • To contact ESMA if any suspicion arises;
  • To contact the police;

Be aware that fraudsters might use ESMA’s name, logo or the name of an ESMA staff member, a bogus website which appears to be that of ESMA, and/or make bogus references to people said to work in ESMA. Be aware of the following when making your checks:

  • ESMA is a European Supervisory Authority established by a Regulation of the European Parliament and of the Council;
  • ESMA is based in Paris, France and has no affiliates or branch offices elsewhere;
  • ESMA’s emails end with the address @esma.europa.eu;
  • ESMA’s telephone number begins with the prefix +33 for France, no other prefix is valid;
  • ESMA’s official website can be found at www.esma.europa.eu

Warning - Unauthorised use of ESMA’s identity and logo

Unauthorised use of ESMA’s identity and logo

The European Securities and Markets Authority (ESMA) has been informed that its identity and logo have been used in communications targeting company employees in order to request the transfer of company money.

In addition, ESMA has been informed that attempts were made to use the name of a senior member of ESMA staff also for the purpose of fraudulent scams targeting a savings bank and a listed issuer.

The European Securities and Markets Authority (ESMA) has published its first Supervisory Convergence Work Programme 2016 (SCWP), which details the activities and tasks it will carry out to promote sound, efficient and consistent supervision across the European Union.

The publication of the SCWP expands on the high-level objective outlined in the Annual Work Programme 2016 and fulfils a key commitment in ESMA’s Strategic Orientation 2016-2020 to outline how it would refocus its resources from single rulebook to supervisory convergence work.

ESMA has taken a systematic approach to developing the SCWP involving consideration of the regulatory and market environment, national competent authorities’ (NCAs) priorities, the supervisory convergence tools available to ESMA, and applying specific parameters relating to what the work should achieve and how it should be done. The priority areas for 2016 are:

  • Preparing for the sound, efficient and consistent implementation and supervision of MiFID 2/MiFIR;
  • Finalising the data and IT infrastructure needed to support the effective implementation and supervision of MiFID 2/MiFIR and MAR;
  • Facilitating the sound and consistent supervision of OTC derivatives markets and in particular of EU CCPs; and
  • Supporting the effective application of the European Commission’s Capital Markets Union plan.

In addition ESMA also aims to provide support to NCAs through supervisory briefings, workshops, live case forums and mediation assistance.

Steven Maijoor, ESMA Chair, said

“ESMA’s supervisory work programme sets out for the first time, in detail, why we will refocus our activities on supervisory convergence, how we identified 2016’s priorities in this area and how we are going to go about focusing on supervisory convergence. This publication marks a significant change in ESMA’s direction and shows our commitment to our objective of fostering supervisory convergence.

“Our overall aim is to achieve high, consistent standards of supervision that supports investor protection, orderly markets and financial stability which are key to a well-functioning Capital Markets Union.”

Next steps

The work programme will contribute towards a number of aims such as the effective implementation of rules, facilitating the exchange of experience between national competent authorities, the coordination of supervisory activity, the development of effective supervisory approaches, the assessment of supervision by national competent authorities through peer reviews, and the identification of barriers to convergent supervision.

Implementation of the 2016 SCWP will be monitored in the course of 2016 and priorities may be readjusted depending on developments during the year. It will also be used to inform ESMA’s Annual Work Programme and its supervisory convergence work programme for future years both of which will be risk-based.

2016 Supervisory Convergence Work Programme

The European Securities and Markets Authority’s (ESMA) Supervisory Convergence Work Programme for 2016 (2016 SCWP) supplements ESMA’s Annual Work Programme for 2016 (ESMA/2015/1475) by further elaborating the nature and focus of the work ESMA will carry out in order to promote supervisory convergence and how that will contribute to implementing ESMA’s Strategic Orientation for 2016-2020 (ESMA/2015/935).