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.