Events listed in [ESMA] European Securities and Markets Authority
ESMA consults on the potential impact of shortening the standard settlement cycle
ID 25236
ESMA has launched a CfE to assess the possible impact of shortening the securities settlement cycle in the EU. The current settlement cycle in the EU stands at T+2, meaning that securities transactions are settled two business days after the trade occurs. ESMA is now considering the reduction of this cycle to T+1, which would expedite the settlement process. ESMA is soliciting feedback and ...
[MiCA ] MiCA white papers PoC
ID 25227
ESMA has released a PoC to demonstrate the proposed format requirements for crypto-asset white papers under MiCA. This PoC is designed to help market participants understand the application of Inline XBRL, a specific format for presenting crypto-asset white papers, as required by one ITS as part of the second consultation package regarding MiCA (eventid=23294). The PoC includes three main components: a **[draft taxonomy covering ...
[ESMA12-2121844265-3182 ] Report on the DLT Pilot Regime – Study on the extraction ...
ID 25225
ESMA and PwC published two reports on the DLTR concerning the registration of financial instrument transactions on various DLTs and on the extraction of transaction data from selected DLTs: Corda, Ethereum, and Hyperledger Fabric. As a reminder, the DLTR – implemented in June 2022 – is designed to foster innovation in European capital markets by permitting eligible firms to run DLT-based market infrastructures for ...
ESMA publishes second consultation on crypto market rules
ID 25221
ESMA has published the second consultation package regarding MiCA, aiming to gather feedback from stakeholders on six draft RTS and two draft ITS, covering sustainability indicators for distributed ledgers, disclosures of inside information, technical requirements for white papers, trade transparency measures, and record-keeping and business continuity requirements for CASPs. ESMA plans to issue a final report based on the feedback received and submit draft ...
ESMA to launch Common Supervisory Action on MiFID II sustainability requirements
ID 25195
ESMA is planning to launch a CSA in 2024, in collaboration with NCAs, to assess how financial intermediaries are integrating sustainability into their suitability assessment and product governance procedures. This evaluation is in response to amendments made to the MiFID II Delegated Acts, which entered into application on 2 August 2022, introducing key sustainability requirements (eventid=11684). The CSA will examine several aspects, including how ...
[ESMA34-46-101 ] Register of authorised European long-term investment funds (ELTIFs)
ID 25182
ESMA has published the latest data – as of 2 October 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 ...
ESMA finds increase in use of ESG-related language in the EU fund industry
ID 25181
ESMA has published a report highlighting the increasing use of language related to ESG factors in the names and documents of EU investment funds. This effort aligns with ESMA’s focus on combatting greenwashing, which refers to the misleading use of ESG-related claims by financial products. ESMA’s study reveals that the percentage of EU UCITS investment funds incorporating ESG-related words in their names has surged ...
ESAs specify criticality criteria and oversight fees for critical ICT third-party ...
ID 25153
The ESA’s have provided a comprehensive response to the EC’s request for advice on two critical aspects of the DORA – the framework that addresses the digital resilience of the financial sector in the EU. The first of the key aspects addressed in the response is the establishment of criteria for ICT CTPPs. The ESAs propose a systematic two-step approach to assess the criticality ...
[ESMA70-152-348 ] List of third-country CCPs recognised to offer services and ...
ID 25150
ESMA has published an updated list of third-country CCPs which are recognized to offer clearing services and perform activities in the EU in accordance with Article 25 of EMIR. The list also includes a table of classes of financial instruments by each counterparty which are covered by the CCP’s recognition. Please note that the inclusion of South Africa on the AML blacklist requires **[ESMA ...
ESAs analyse the extent of voluntary disclosure of principal adverse impacts under ...
ID 25136
The JC of the ESAs has released their second annual report on the voluntary disclosure of PAI under the SFDR. The report reveals an overall improvement in compliance with SFDR requirements compared to the previous year, although significant variations still exist in the quality of compliance among financial market participants and across jurisdictions. Notably, disclosures have become more accessible on websites. Some key findings ...