Events listed in [ESMA] European Securities and Markets Authority
[ESMA35-43-3448 ] Guidelines on MiFID II product governance requirements
ID 24546
Following the publication of the “Final Report on Guidelines on MiFID II product governance requirements“, ESMA has published the final document in that regard. The guidelines set out the MiFID II product governance requirements, specifying sustainability-related objectives, identifying a target market per cluster, determination of a compatible distribution strategy and a periodic review of products. Indeed, under the MiFID II product governance requirements, firm ...
[ESMA34-46-101 ] Register of authorised European long-term investment funds (ELTIFs)
ID 24544
ESMA has published the latest data – as of 3 August 2023 – on registered ELTIFs. Pursuant to Article 3, Paragraph 3, Sub-Paragraph 2 of the ELTIF Regulation, ESMA is required to make this data available to the public in an electronically readable format. Please note that the first tabulator contains the information on the data field formats which will **enable firms to adjust ...
[ESMA50-1389274163-2636 ] ESMA working paper on Connectedness among EU investment ...
ID 24539
ESMA published a working paper titled “Connectedness among EU investment funds: Insights from timevarying and frequency decomposition spillover indices“ The paper investigates the financial interconnectedness within the EU fund industry using measures of interdependence of volatilities. The research aims to monitor stress transmission and identify volatility spillovers among different types of funds over time. The authors construct a series of indices based on dat ...
[ESMA 32-992851010-1019 ] Letter to International Sustainability Standards Board ...
ID 24537
ESMA submitted its response to the ISSB’s consultation, which focuses on enhancing the global applicability of the SASB Standards. The response outlines ESMA’s insights and recommendations regarding the Exposure Draft titled “Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates.“ ESMA commends the ISSB for its effort to ensure that non-climate-related metrics within the SASB Standards can b ...
[ESMA32-992851010-1018 ] Letter to International Sustainability Standards Board ...
ID 24536
ESMA has responded to the ISSB’s consultation on its Agenda Priorities. ESMA congratulated the ISSB on finalizing IFRS S1 and S2, significant achievements in sustainability reporting standards. ESMA provided feedback on potential priorities for the ISSB’s upcoming two-year work plan. ESMA’s mandate involves corporate sustainability reporting and contributing to the development of ESRS. They closely monitor the EFRAG’s work and engage with the ISSB, ...
[ESMA35-42-1305 ] ESCPR – Miscellaneous reporting to ESMA
ID 24516
ESMA published an updated version of its document in connection with crowdfunding services and their providers in the EU. Specifically, the document provides current information on: 1. companies registered in each member state that fall under the provisions of the ECSPR (Article 2); 2. the languages accepted by NCAs with respect to the publication of the KID (Article 23); 3. local regulations per jurisdiction ...
ESMA publishes data for quarterly bond liquidity assessment, the systematic ...
ID 24502
ESMA has published a press statement to announce the availability of – the quarterly calculations for SIs of both bonds and equity-like instruments; – the quarterly liquidity assessment for bonds; and – data for consolidated tape providers. The quarterly calculations cover both the total number of trades and total volume. Corresponding SI tests must be performed by 15 August 2023. The calculations may be ...
[ESMA42-646012687-331 ] ESMA Guidelines
ID 24485
ESMA has published an updated version of its .XLSX-table providing an overview of all guidelines published on its website („guidelines tracker“), with information about the application and compliance date, corresponding consultation and response papers, the legal basis, and other relevant issues. The table also includes guidelines that are still in consultation phase and have not yet been concluded.
Notifications of Compliance with Guidelines – Overview Table
ID 24482
ESMA has published an updated version of the table providing an overview of the level of compliance reported by NCAs as regards the application of ESMA guidelines in their respective jurisdictions.
ESMA and the EBA assess the implementation of the revised Shareholder Rights ...
ID 24436
ESMA and EBA have collaboratively conducted an assessment of the implementation of the revised SRD II within the EU. SRD II is designed to enhance shareholder engagement, improve corporate governance practices, and bolster transparency within the financial markets. The assessment report, prompted by a request from the EC, zeroes in on two crucial dimensions: proxy advisors and the investment chain. Proxy advisors play a ...