On 13 December 2023, the European Securities and Markets Authority (ESMA) announced the launch of a common supervisory action (CSA) with Member State competent authorities on ESG disclosures under the Benchmarks Regulation (BMR). This is the first CSA for ESMA in its role as a direct supervisor of benchmarks administrators. The CSA will be carried out during 2024 and until Q1 2025. The CSA will focus on supervised benchmarks administrators, located either in the EU or in a third country, that have acquired an authorisation, registration, recognition or endorsement of their benchmarks under the BMR.