ESMA
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Risk of disorderly corrections mounting, says ESMA
Global climate policy is fragmented, cyber risks are increasing, and the rise of stablecoins means spillover risk of a crypto correction, per a report by the agency.
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ESMA supervisory briefing on algorithmic trading in the EU
Key points and practical implications in the areas of governance, testing, outsourcing, and pre-trade controls.
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EU proposes direct ESMA oversight for major trading venues
We consider industry pushback and sovereignty concerns with Tom Callaby, CMS; and Miroslav Đurić, Taylor Wessing.
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ESMA liquidity management tools standards and guidelines for UCITS and AIFs
Non-EU firms may be indirectly affected by the RTS and guidelines if they have subsidiaries or branches in the EU.
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What you need to know about ESMA’s new Registration Guide
While not legally binding, the guide provides clarity on ESMA’s assessment process for financial entities navigating the registration process.
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EBA publishes consultations on draft RTS and guidelines for third-country branches under CRD VI
This is a major step in CRD VI implementation programs for non-EU banking groups with EU branches.
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EU overhauls Benchmarks Regulation
The amendments will ease the compliance burden on benchmark administrators inside the EU, and non-EU who provide benchmarks for use within the EU.
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Rules on release of insider information in a protracted process published
ESMA’s final report also includes technical advice on MAR and MiFID, plus where disclosure of information is required because it contrasts with previous announcements.