On 16 December 2024, the European Securities and Markets Authority (ESMA) issued a final report on technical standards related to consolidated tape providers (CTPs) and data reporting service providers (DRSPs).
Background
In May 2024, ESMA published a Consultation Paper presenting draft technical standards covering: (i) the input and output
On 16 December 2024, the European Securities and Markets Authority (ESMA) issued a final report on equity transparency under MIFID II.
Summary
In summary the final report presents proposed changes to the MiFID II level 2 provisions on equity transparency covering:
On 18 December 2024, the European Securities and Markets Authority (ESMA) issued a final report on the technical advice on revisions to Commission Delegated Regulation (EU) 447/2012 and Annex I of Regulation on credit rating agencies.
Next steps
ESMA will publish the final report on its website and transmit the technical advice to
On 18 December 2024, the European Commission issued a press release welcoming the political agreement reached by the European Parliament and the Council on the proposal to facilitate data‑sharing and reduce redundant reporting in EU financial services.
The proposal seeks to:
One of the key features of the EU Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) is the requirement for certain participants in the EU wholesale energy markets to register with the national energy regulator in a given EU Member State. Registration is closely connected to the related requirement to report certain
On 12 December 2024, the European Securities and Markets Authority (ESMA) published a consultation paper to gather feedback on proposed technical advice on the Market Abuse Regulation (MAR) and Markets in Financial Instruments Directive II (MiFID II) as amended by the Listing Act.
Background
The consultation paper covers a
On 9 December 2023, the International Swaps and Derivatives Association published a paper that maps out an approach to post-trade transparency under the revised Markets in Financial Instruments Regulation for reporting single-name credit default swaps referenced to global systemically important banks, supporting meaningful transparency and implementation practicability.
On 4 December 2024, the European Systemic Risk Board (ESRB) issued a press release announcing that it had published a report which provides a response to the European Commission’s (Commission) targeted consultation assessing the adequacy of macroprudential policy for non-bank financial intermediation (NBFI).
Among other things the report notes
On 3 December 2024, the European Securities and Markets Authority (ESMA) published the speech given by its chair, Verena Ross, at the FESE 50th Anniversary Celebration.
Key points in the speech include:
On 4 December 2024, the Financial Stability Board (FSB) issued a press release following its plenary in Hong Kong on 3 and 4 December.
Key points from the press release include that the FSB: