The European Securities and Markets Authority (ESMA), the EU’s monetary markets regulator and supervisor, has right now printed its latest edition of the Highlight on Markets E-newsletter.
Your one-stop-shop on this planet of EU monetary markets centered in July on the launch of the first consultation package below the Markets in Crypto-Belongings Regulation. ESMA is looking for enter – by 20 September 2023 – on proposed guidelines for crypto-asset service suppliers (CASPs), associated to their authorisation, identification and administration of conflicts of pursuits and in addition how CASPs ought to handle complaints. See additionally our dedicated page, together with the timeline.
As well as, ESMA printed an evaluation of the cross-border funding exercise of corporations. The info permits ESMA and nationwide competent authorities to make clear varied facets of the marketplace for retail buyers that obtain funding providers by credit score establishments and funding corporations established in different Member States. See key findings and graphics here.
ESMA additionally issued a Public Statement on the sustainability disclosure anticipated to be included in prospectuses. This units out our expectations on how the particular disclosure necessities of the Prospectus Regulation in relation to sustainability-related issues in fairness and non-equity prospectuses ought to be happy contemplating the Environmental, Social and Governance transition.
Along with the European Banking Authority, we printed a report assessing the implementation of the Shareholder Rights Directive 2.
Final, ESMA went out with a Final Report on revised technical requirements for passporting and up to date its guidance on the definition of recommendation in a supervisory briefing.
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