Events listed in [ESMA] European Securities and Markets Authority
[ESMA81-1071567537-121 ] Working Group on Euro Risk-Free Rates Final Statement
ID 26050
The Euro Risk-Free Rates Working Group, led by ESMA, has completed its mission of reforming EU interest rates. The group identified the €STR as the risk-free rate for the euro area and defined fallback provisions for EURIBOR across various asset classes. ESMA encourages the industry to embed robust fallback provisions, especially for financial products referencing EURIBOR, such as mortgages. The working group, established in ...
[ESAs JC Factsheet Sustainable Finance ] ESAs Joint Committee Sustainable Finance ...
ID 26009
The ESAs have collaboratively published an interactive factsheet to address common queries from consumers regarding sustainable finance. Aimed at individuals contemplating the acquisition of financial products with sustainability features, including loans, investments, insurances, and pensions, the factsheet provides valuable insights into how financial choices can impact a more sustainable future. It outlines four key tips for consumers: **assessing the importance of sustain ...
[ESMA70-151-2218 ] Public Register for the Clearing Obligation under EMIR
ID 25966
ESMA has published an new version as of 28 November 2023 of its Public Register for the Clearing Obligation under EMIR as mandated by Article 6 of Regulation (EU) No 648/2012, EMIR, and Article 8 of Commission Delegated Regulation (EU) No 149/2013. In this register, ESMA publicly specifies the following: 1. the „classes of OTC derivatives subject to the clearing obligation“ including OTC interest ...
Three explanatory notes regarding key topics across the EU Sustainable Finance ...
ID 25891
ESMA has published three explanatory notes regarding key topics in the Sustainable Finance framework across the EU, covering the definition of sustainable investments, the application of the „DNSH“ requirements, and the use of estimates. The explanatory notes aim to provide factual information on these concepts, aiding stakeholders in navigating the Sustainable Finance legislative framework. The key concepts discussed include the use of estimates in ...
Notifications of Compliance with Guidelines – Overview Table
ID 25806
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 EU CCPs participate in a Global fire-drill
ID 25786
ESMA, along with the majority of EU CCPs, participated in a global fire-drill during the week starting 13 November 2023. Over 30 CCPs simultaneously simulated their default management processes, coordinated by ESMA in collaboration with EU and non-EU authorities, CCPs, and industry associations. The exercise aimed to identify potential operational bottlenecks in procedures and promote the sharing of best practices among CCPs, contributing to ...
[ESMA50-164-770 ] Links to national websites where net short positions in shares ...
ID 25773
Pursuant to Article 9 of SSR, all holders of certain net short positions must disclose their holdings to their NCAs. These NCAs then make the information available to the public. Concurrently, they must inform ESMA of the websites where such holdings are disclosed. ESMA has now updated this list of links to national websites where net short positions in shares are disclosed according to ...
ESAs publish amended technical standards on the mapping of External Credit ...
ID 25771
The JC of the ESAs has published two amended draft ITS related to the mapping of credit assessments from ECAIs in accordance with CRR and the Solvency II Directive. The Solvency II Delegated Regulation allows insurance and reinsurance companies to use external credit assessments for calculating the Solvency Capital Requirement. The CRR establishes that risk weights under the SA should be based on credit ...
Compliance table on Guidelines on certain aspects of the MiFID II appropriateness ...
ID 25760
ESMA has published a revised version of the compliance table for its Guidelines on certain aspects of the MiFID II appropriateness and execution-only requirements (ESMA35-43-3006). Comparing the current compliance table (ESMA35-43-3327) with the previous one reveals that Romania now complies with the guidelines.
Compliance table on the Guidelines on certain aspects of the MiFID II suitability ...
ID 25758
ESMA has updated its compliance table for the Guidelines on certain aspects of the MiFID II suitability requirements (2023 revised version) [ESMA35-43-3172] (see eventid=20583). The compliance table shows that Belgium, Latvia, Hungary, Poland and Iceland intend to comply with dates in the past, Germany intends to comply by 21 December 2023.