Events listed in [ESMA] European Securities and Markets Authority
[2013/1358 ] AIFMD reporting IT technical guidance (rev 6) [updated]
ID 23623
ESMA has published an updated version of its AIFMD reporting IT technical guidance which supplements the files and data to be reported under Article 24(1), Article 3(3)(d), Article 24(2) and Article 24(4) of the AIFMD. This includes, but is not limited to the following: – the reporting of main instruments in which an AIF is trading and on the principal exposures and most important ...
QAs on SFTR data reporting
ID 23607
ESMA published an updated version of its Q&As on data reporting with respect to SFT under the SFTR. In this latest version, the Q&A below relating to the Reporting of the SFTs concluded by IORPs and pension funds was added as follows – quote: Question 16: Which are the entities that have the reporting responsibility under SFTR, for IORPs and for personal pension funds? ...
ESMA publishes follow-up report to the peer review on the Guidelines on ETFs and ...
ID 23589
ESMA has released a follow-up report on the Guidelines on ETFs and other UCITS issues. The report assesses the progress made by NCAs in strengthening their supervisory practices and improving internal and external guidance since 2018. According to the report, NCAs have enhanced their supervisory practices and performed effective supervisory work in the area of ETFs and UCITS. They have implemented measures to address ...
Money market funds stress tests – overall resilience whilst LVNAVs exceed threshold ...
ID 23578
ESMA has published an article summarizing the results of stress tests conducted on MMFs and reported to ESMA. The stress tests aimed to assess the resilience of MMFs and their ability to meet redemption requests under adverse scenarios, particularly focusing on liquidity and credit risks. The results of the stress tests indicate that **liquidity and credit risks would have the most significant impact on ...
Compliance table – Guidelines on cross-selling practices (ESMA/2016/574)
ID 23552
Following the publication of the Guidelines on cross-selling practices which became applicable from 3 January 2018, ESMA has published an updated version of the corresponding compliance table. The table sets out which member states comply or intend to comply with the guidelines and – in latter case – by which date such compliance is expected. The table also provides links to the corresponding (confirmation) ...
[ESMA74-1658524332-687 ] Letter to the European Commission on the MiFIR review – ...
ID 23550
ESMA has written a letter to the European Commission, European Parliamen & the Council of the European Union, expressing concerns about the lack of transparency in the EU regarding OTC derivatives, particularly single-name CDS. They believe that the current transparency requirements in MiFIR are limited and need to be strengthened. ESMA suggests broadening the scope of instruments subject to transparency requirements, providing more **real-time ...
[ESMA91-372-206 ] Guidelines on the methodology to be used by the resolution ...
ID 23549
ESMA published the “Guidelines on the methodology to be used by the resolution authority for determining the valuation of contracts prior to their termination as referred to in Article 29(1) of CCPRRR“, specifying the process, scope, and various factors to consider when valuing contracts. The guidelines apply to resolution authorities and are based on Article 29(1) of CCPRRR, the objective is to promote **convergence ...
[ESMA91-372-1704 ] Guidelines further specifying the circumstances for temporary ...
ID 23546
ESMA published the “Guidelines further specifying the circumstances for temporary restrictions in the case of a significant non-default event in accordance with Article 45a of EMIR“. The guidelines apply to competent authorities designated under EMIR and provide guidance on the actions that the competent authority may require a CCP to refrain from undertaking for a specified period, not exceeding five years. These actions include ...
[ESMA70-460-189] Q&As DLT Pilot Regulation
ID 23540
ESMA has issued a new version of its Q&A document relating to the DLT Pilot Regime. The update includes following changes – as quoted: #### Section VII: DLT Financial Instruments Question 2: Are both of the modalities of issuing DLT financial instruments described below allowed under the DLTR? 1) Direct issuance of financial instruments on DLT, whereby financial instruments are initially and directly issued, ...
ESAs put forward common understanding of greenwashing and warn on risks
ID 23505
The ESAs published their progress reports on greenwashing in the financial sector. The reports aim to provide a common understanding of greenwashing and the associated risks for market participants in the banking, insurance, pensions, and financial markets. The ESAs define greenwashing as a practice where sustainability-related statements, actions, or communications do not accurately reflect the underlying sustainability profile of an entity, financial product, or ...