Tag: European Securities and Markets Authority

ESMA bond liquidity data
January 27, 2017 BY Valentina Kirilova

ESMA publishes new Q&A on alternative performance measures guidelines

The European Securities and Markets Authority (ESMA) has published a new Questions and Answers (Q&A) document, comprising six questions, on the implementation of its Guidelines on the Alternative Performance Measures for listed issuers. An alternative performance measure is a financial measure of historical or future financial performance, financial position, or cash flows, other than a…

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ESMA bond liquidity data
January 18, 2017 BY Valentina Kirilova

EBA and ESMA call to clarify margin requirements between CRR and EMIR

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today their joint report on the functioning of the Capital Requirements Regulation (EU) No 575/2013 (CRR) with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR). The report calls for the requirements for credit, market, and counterparty credit risk in the…

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ESMA bond liquidity data
December 01, 2016 BY Valentina Kirilova

ESMA sees continued high levels of market risks

The European Securities and Markets Authority (ESMA) risk assessment has updated its Risk Dashboard for the third quarter of 2016. The overall assessment of risk levels in EU markets under ESMA’s remit, remains unchanged for the time being, characterised by continued very high credit and market risks. The risk outlook is stable across all risk…

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ESMA bond liquidity data
November 10, 2016 BY Valentina Kirilova

ESMA finalises advice on future rules for financial benchmarks

The European Securities and Markets Authority (ESMA) has finalised its technical advice to the European Commission on important aspects of future rules for benchmarks. In particular, ESMA provides advice on: how benchmarks’ reference values can be calculated by using data reporting structures under existing EU rules such as MiFID II and EMIR; some of the…

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October 14, 2016 BY Valentina Kirilova

ESMA and IFRS Foundation strengthen cooperation

The European Securities and Markets Authority (ESMA) and the IFRS Foundation have announced an updated set of protocols under which the two organisations will deepen their cooperation on the development of IFRS Standards and support for their consistent application across the European Union. The mission of the IFRS Foundation, through its standard-setting body, the International Accounting…

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October 11, 2016 BY Valentina Kirilova

ESMA publishes updated Q&A on CFDs and other speculative products

The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the Markets in Financial Instruments Directive (MiFID) to the marketing and sale of financial contracts for difference (CFDs) and other speculative products to retail clients (such as binary options and rolling…

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October 10, 2016 BY Valentina Kirilova

ESMA publishes new Q&A on investor protection under MIFID II

The European Securities and Markets Authority (ESMA) has published a Questions and Answers (Q&A) document regarding the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II will enter into application on 3 January 2018 and will strengthen the protection of investors by both introducing new…

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October 04, 2016 BY Valentina Kirilova

ESMA reports on shadow banking, leverage and pro-cyclicality

The European Securities and Markets Authority (ESMA) has issued today a report on securities financing transactions (SFTs), leverage and pro-cyclicality in the EU’s financial markets. ESMA’s report assesses whether the use of SFTs leads to the build-up of leverage which is not yet addressed by existing regulation, how to tackle such build-up, and whether there…

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October 03, 2016 BY Valentina Kirilova

ESMA consults on consolidated tape for non-equity products

The European Securities and Markets Authority (ESMA) has issued today a consultation paper on its draft regulatory technical standards (RTS) regarding the creation of a consolidated tape for non-equity instruments which is required under the Markets in Financial Instruments Directive (MiFID II). The new MiFID II framework, which covers equity-like and non-equity instruments traded on…

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