The Guidelines promote a common understanding of the risk-based approach to AML/CFT and set out how it should be applied. . These Guidelines are part of the ESAs’ wider work on fostering a consistent and effective approach to AML/CFT by both, credit and financial institutions, and AML/CFT supervisors. The Guidelines provide credit and financial institutions with the tools they need to make informed, risk-based decisions on the effective management of individual business relationships and occasional transactions for AML/CFT purposes.
ESAs issue recommendations on the application of the Regulation on sustainability-related disclosures
In the statement, the three ESAs recommend the draft RTS be used as a reference when applying the provisions of the SFDR in the interim period between the application of SFDR (as of 10 March 2021) and the application of the RTS at a later date. The ESAs have also set out in an Annex […]
ESMA publishes a negative opinion on an accepted market practice on liquidity contracts proposed by the French AMF
This AMP refers to liquidity contracts by which a credit institution or an investment firm (financial intermediary) provides quotes at certain French trading venues on behalf of the issuer, with a view to enhancing the liquidity of a particular share and its regular trading. The regular functioning of this AMP implies that these liquidity contracts […]
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