ESMA has published the letter addressed to the European Commission with its proposals to improve the Transparency Directive (TD) following the Wirecard case.

The letter addresses provisions related to enforcement of financial information. ESMA recommends that the EC considers modifying the TD to meet four aims:

• Enhance cooperation between authorities across the EU by: […]
  

Published the exchange of letters between EIOPA and the Japan’s Financial Services Agency (FSA) on co-operation in the area of insurance regulation and supervision.
The exchange of letters aims to promote mutual understanding, exchange of information and technical assistance between the two authorities. The FSA and EIOPA will continue to engage in a dialogue to […]

ESMA has submitted its response  to the European Commission’s consultation on the European Single Access Point (ESAP) about companies.

ESMA is fully supportive of the ambition to set up the ESAP as it will increase investor trust in companies across the EU and lower the costs of capital.

However, ESMA recommends a phased approach, which should […]

ESMA has published its Final Report on information to be provided by non-financial undertakings and asset managers to comply with their disclosure obligations under the Non-Financial Reporting Directive (NFRD).

The recommendations define the Key Performance Indicators (KPIs) disclosing how, and to what extent, the activities of businesses that fall within the scope of the NFRD […]

The three European Supervisory Authorities (ESMA, EBA, EIOPA) have published a joint supervisory statement on the effective and consistent application and national supervision of the Regulation SFDR.

The statement aims to achieve an effective and consistent application and national supervision of the SFDR, promoting a level playing field and protecting investors.

In the […]

ESMA has published Q&A regarding the understanding of Special Purpose Vehicle (SPV) aspects under the Regulation on European crowdfunding service providers for business (ECSPR).

This first set of Q&As provides clarifications on the use of SPV under the ECSPR. It addresses the following topics:

• The circumstances and conditions in which a SPV can be created […]
  

ESMA Chair addressed the Members of the European Parliament within the Committee on Economic and Monetary Affairs (ECON). He was invited, together with the European Commission’s Director for Financial Markets, for an exchange of views on GameStop share trading and related phenomena.

(only in Italian)

Il Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili […]