On 1 October 2019, the European Securities and Markets Authority (ESMA) published its work programme for 2020. In terms of the single rulebook, the EMIR Review and the resulting EMIR Refit and EMIR 2.2 will require ESMA to develop several technical standards and technical advice. In addition, following the start of the work on the MiFID II/MIFIR and Market Abuse Regulation (MAR) review reports in 2019, ESMA will focus in 2020 on providing advice to the European Commission covering key provisions of MiFID II/MiFIR and MAR.

Chapter 4 of the work programme provides further details as regards ESMA’s work in 2020.