ESMA News

ESMA PUBLISHES ANNUAL PEER REVIEW OF EU CCP SUPERVISION

Overall, the review found that NCAs’ supervisory activities on CCPs’ liquidity stress testing are satisfactory. However, the peer review showed that the assessment of some areas of liquidity stress testing was not always performed or being evidenced sufficiently. In particular, NCAs should make sure that the settlement of obligations of defaulting clearing members are reflected […]

ESMA News

Taxonomy-related product disclosures. Public event on the European Supervisory Authorities consultation

During this public event, the European Supervisory Authorities will present their proposals and open a dialogue with stakeholders on draft Regulatory Technical Standards (RTS) on the content and presentation of product disclosures (covered by the Taxonomy Regulation) imposing additional rules for the subset of financial products that make sustainable investments with environmental objectives under the […]

ESMA News

ESMA publishes Final Report on SME Growth Markets

The SME GMs regime in the EU, as it stands, has been relatively successful, with seventeen multilateral trading facilities (MTFs) registering as SME GMs to date. However, acknowledging that SMEs need further incentives to access capital markets, the report suggests targeted amendments to the SME GM regime in the MiFID II framework, aimed at simplifying […]

ESMA News

Webinar on Sustainable Finance – Fund portfolio networks: a climate risk perspective

Webinar Within the European financial sector, investment funds are more exposed to climate-sensitive economic sectors than banks, insurers and pension funds. However, few investment fund climate-related financial risk assessments have been conducted. ESMA has made a first attempt to fill this gap, using a data set of EUR 8 trillion of European investment fund portfolio […]