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Esma
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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ATFX Connect at FMLS 2024: Showcasing Leadership and Innovation
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Institutional FX
ESMA Unveils Measures to Curb Securities Lending to Retail Investors
2023-07-12T21:33:40.836+02:00
The new rules aim to protect traders in the securities markets.
The guidelines prevent the use of clients' financial instruments without their consent.
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CryptoCurrency
ESMA Seeks Crypto Industry Input on MiCA Regulatory Framework
2023-07-12T11:21:39.621+02:00
ESMA invites stakeholders' comments on rules for crypto-asset service providers.
This consultation aims to understand EU crypto markets better.
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Damian Chmiel
Retail FX
Retail Brokers, CySEC Wants to Pay You a Visit
2023-05-19T10:10:12.531+02:00
The regulator will review the MiFID II compliance around marketing.
The site visits will be done in the second half of 2023.
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Retail FX
ESMA Eyes Copy Trading, Stronger Investor Protection
2023-03-30T12:55:30.763+02:00
Copy and social trading services became popular more than 15 years ago.
They are now offered by one in three FX/CFD brokers.
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Institutional FX
European Regulator Slammed 225 Securities Issuers in 2022
2023-03-29T16:04:15.008+02:00
Issuers' biggest failing relates to accounting for financial instruments, ESMA says.
The regulator examined 640 IFRS-compliant financial statements in 2022.
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Retail FX
ESMA Criticizes Fractional Shares, Says They Mislead Investors
2023-03-28T13:32:15.541+02:00
ESMA warns about fractional shares misrepresentation.
The supervisor urges firms to implement additional measures for investor protection.
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Retail FX
ESMA Sees High Market Risks and Warns of Further Declines
2023-02-09T14:32:36.175+02:00
ESMA just presented its newest TRV Report for 2023.
The institution warns retailers of further possible market declines.
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Damian Chmiel
Institutional FX
Europe’s Money Market Fund Assets Stood at €1.44tn in 2021, Says ESMA
2023-02-08T18:16:59.509+02:00
Low volatility NAV accounted for almost half (46%) of the assets.
Over 90% of money market fund investors are professional investors.
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Solomon Oladipupo
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Institutional FX
ESMA Proposes Changes to Money Market Funds Stress Test Scenarios
2023-01-31T12:46:08.645+02:00
The events of March 2020 have shown that the current methodology needs fine-tuning.
ESMA waits for industry participants' comments until 28 April 2023.
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Damian Chmiel
Retail FX
ESMA Eyes Marketing of Financial Products in EU, Focuses on Risky Instruments
2023-01-16T12:02:35.969+02:00
NCAs will check the quality of promotional campaigns within the financial industry.
Emphasis may be on CFDs and cryptocurrencies.
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FinTech
ESMA Unveils New Logo, Plans New Website Launch
2023-01-03T15:08:47.213+02:00
The EU financial regulator has started adopting the new logo.
ESMA said its new website will be launched later this month.
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Solomon Oladipupo
Executive Moves
CySEC's Dr Theocharides Becomes Chair of ESMA's Risk Standing Committee
2022-12-21T10:44:34.919+02:00
The RSC is the successor of the Committee for Economic and Markets Analysis.
ESMA named the Chair of several other standing committees as well.
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Arnab Shome
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Regulation
ESMA Releases Final Report on Guidelines for Reporting under EMIR REFIT
2022-12-20T19:04:14.810+02:00
The EU regulator published the draft technical standards three days ago.
EMIR first came into force on August 16, 2012.
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Retail FX
ESMA Seeks Public Feedback on New License Passporting Rules
2022-11-17T14:49:09.684+02:00
It wants to receive information on investment firms’ strategies with license passporting.
It will close the consultation process on 17 February 2023.
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Arnab Shome
Executives
ESMA Appoints Czech's Vojtěch Belling to Replace Erik Thedéen as VC
2022-11-15T22:29:55.636+02:00
Erik Thedéen was appointed as the Vice Chair in December 2021.
Vojtěch Belling has been a member of ESMA's Board of Supervisors since December 2020.
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Solomon Oladipupo
Institutional FX
ESMA to Issue Guidance on Market Outage, Asks for Stakeholders’ Input
2022-09-26T18:51:07.750+02:00
The guidance is to be published during the first quarter of 2023.
Stakeholders' input will be accepted until December 16th.
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Solomon Oladipupo
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FinTech
European Authorities Decry ‘Rapid Deterioration of Economic Outlook'
2022-09-12T16:37:23.140+02:00
The authorities include the EBA, EIOPA and ESMA.
They urged financial institutions to prepare for challenges ahead.
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Regulation
Will Curbs on the Gamification of Trading End Retail Demand?
2022-05-17T08:58:27.840+02:00
Several regulators are now critical of platforms gamifying trading practices.
Inexperienced traders believe that these platforms democratized trading.
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Regulation
ESMA Wants Curbs on ‘Gamification’ of Trading, Payments-for-Order-Flow
2022-04-29T12:51:47.581+02:00
The regulator wants to improve investor protection within its jurisdiction.
It also extended its support to curb the controversial PFOF model.
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Arnab Shome
Op-ed
Regulation
Op-ed
Cross-Border Client Onboarding: Why Harmonising & Automating Is The Ideal Solution
2022-04-21T22:24:47.465+02:00
Regulators in Europe are quarrelling over cross-border client onboarding issues
Cross-border client onboarding issues are being taken more seriously
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Execution
ESMA Extends Recognition of 3 UK CCPs until June 2025
2022-03-25T12:33:35.202+02:00
Initially, the temporary recognition was granted for 18 months.
The temporary recognition came as a response to Brexit.
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Institutional FX
ESMA Fines Trade Repository REGIS-TR €186K for EMIR Violations
2022-03-24T14:55:30.456+02:00
There were a total of eight EMIR breaches by the trade repository.
Fines were slapped only for negligent infringements.
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Executive Moves
ESMA Names Dr. Theocharides as Chairman of the Economic and Markets Analysis Committee
2022-03-24T12:41:58.777+02:00
Dr Theocharides is the Chairperson of CySEC.
He will retain the post as Committee Chairman until 1st December 2022.
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Tom Hazan
News
EU Regulators Warn against ‘Highly Risky and Speculative’ Crypto Assets
2022-03-17T14:22:20.910+02:00
There are more than 17,000 crypto-assets in the market now.
They cautioned against price volatility, misleading information, fraud, manipulation and other things.
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Arnab Shome
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Retail FX
CySEC Comments on Recent Peer Review Made by ESMA
2022-03-11T23:17:00.000+02:00
CySEC welcomes the peer review of NCA's supervision of cross-border activities.
ESMA made two recommendations to CySEC under Article 16.
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