[ESMA71-545613100-2351] ESMA Work Programme 2024 focus on digital change and the green transition – Press Release

ESMA has published its 2024 Annual Work Programme. In the context of economic challenges like high inflation, geopolitical tensions, and rapid technological changes, ESMA will closely monitor markets and risks while supporting the implementation of European regulatory frameworks related to digital and sustainability transitions.
The Programme includes ESMA’s priorities like effective markets and financial stability, effective supervision, retail investor protection, sustainable finance, technological innovation, and effective use of data and ICT technologies.
The report discusses key legislative developments impacting ESMA in 2024, including sustainable finance regulations, the European Green Bond Regulation, and efforts to combat greenwashing. ESMA’s involvement in the ESAP and oversight responsibilities related to the MiCA regulation and DORA are also mentioned.
The document notes ESMA’s role in selecting and authorizing CTPs under MiFID and MiFIR, as well as its tasks related to reviews of directives like AIFMD, UCITSD, CSDR, and the new Retail Investment Strategy. Potential mandates from reviews of EMIR and the new Listing Act are also considered.
The Work Programme for 2024 outlines ESMA’s objectives and outputs, categorized into various types such as rules, guidance, convergence activities, direct supervision, market monitoring, reports, international work, data use, and IT infrastructure. These outputs align with ESMA’s strategic priorities and thematic drivers and encompass ongoing work, annual outputs, and specific outputs for 2024.