ESMA considers that the revised CNMV’s AMP is compatible with Article 13(2) of the Market Abuse Regulation (MAR) and with the CDR 2016/908 and contains various mechanisms to limit the threat to market confidence with respect to liquidity contracts and therefore maintains its previous positive opinion. Background MAR’s purpose is to guarantee the integrity of […]
ESMA News
ESMA Opinion CNMV revised AMP
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ESMA Opinion CNMV revised Accepted Market Practice
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Compliance table for Guidelines on non-significant benchmarks (ESMA70-145-1209)
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SMSG Advice – Response to ESMA’s Consultation on cost of market data and consolidated tape
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Summary of Conclusions Board of Supervisors meeting 11 July 2019
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EU financial regulators highlight risks of a no-deal Brexit and search for yield
The 2019 Autumn ESAs’ report highlights the following risks as potential sources of instability: Uncertainties around the terms of the United Kingdom’s withdrawal from the European Union Persistently low interest rates, which combined with flattening yield curves, put pressure on the profitability and returns of financial institutions, incentivise search-for-yield strategies and increase valuation risks Transition […]
Joint ESA report on risks and vulnerabilities in the EU financial system No2 2019
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ESMA publishes responses to its Call for evidence on certain investor protection topics
11 September 2019 MiFID – Investor Protection ESMA publishes responses to its Call for evidence on impact of the inducements and costs and charges disclosure requirements under MiFID II. To view the responses, please click the button below. Original Article Here
ESMA publishes responses to its Consultation on cost of market data and consolidated tape
11 September 2019 MiFID – Secondary Markets ESMA publishes responses to its Consultation on MiFID II/MiFIR review report on the development in prices for pre- and post-trade data and on the consolidated tape for equity instruments. To view the responses, please click the button below. Original Article Here