On 9 April 2021, the European Securities and Markets Authority (ESMA) published a summary of conclusions following its meeting of board of supervisors on 23 February 2021. Among other things the summary refers to co-operation with the UK FCA and meeting its CEO Nikhil Rathi. The summary notes that there was an exchange of views in relation to:

  • The importance of international standards and their consistent application.
  • The EU’s and UK’s commitment to promoting sustainable finance, in particular the concept of materiality.
  • The status of the amendments to the Packaged Retail and Insurance-based Investment Products Regulation and its implementing acts.
  • The Swiss franc London Inter-Bank Offered Rate.

Leave a Reply

Your email address will not be published. Required fields are marked *