• ESMA published its Annual Report 2020

    ESMA review its achievements in 2020 against its priorities and objectives in meeting its mission of enhancing investor protection and promoting stable and orderly financial markets in the European Union.

    The ESMA has published its Annual Report, which reviews its achievements in 2020 against its priorities and objectives in meeting its mission of enhancing investor protection and promoting stable and orderly financial markets in the European Union. The Report provides an overview of the work carried out by ESMA in 2020, following the entry into…

  • Consolidated Tape and market data costs

    Joint statement published by EFAMA and EFSA

    EFAMA and EFSA agree that an appropriately constructed Consolidated Tape (CT) could help to build deeper and more open capital markets in Europe. In line with the European Commission’s vision for the Capital Markets Union, a key aim should be to democratise access across European markets to provide all investors regardless of resources or…

  • Readiness to apply payment transactions in e-commerce

    EBA publishes report on the data provided by PSPs on their readiness to apply strong customer authentication for e-commerce card-based payment transactions

    The EBA published a Report on the data provided by PSPs on their readiness to apply SCA for the subset of payment transactions that are e-commerce card-based payment transactions. The Report highlights the status of issuing and acquiring PSPs in enrolling online merchants, payment cards and payment service users (PSUs) into SCA-compliant…

  • ERFRAG releases its annual review

    Annual Review 2020: Thought Leadership, Transparency And Public Accountability

    EFRAG has published its annual report. In 2020, it has particularly strengthened its commitment to sustainability reporting. The annual report also presents research projects, including on crypto-assets and liabilities. 

    The report is available at…

  • EBA published its 2020 Annual Report

    2020 was an important year for the EBA as it concludes a 10-year cycle of activities

    The Annual Report presents the ad-hoc activities the EBA undertook to mitigate the impact of COVID-19 on the EU banking sector. In particular, the EBA put in place prudential and supervisory measures to support bank lending into the real economy by publishing Guidelines on legislative and non-legislative moratoria on loan repayments, as well as…

  • ESMA published its first Risk Dashboard (RD) for 2021

    ESMA sees a prolonged period of risk from market corrections

    The ESMA has published its first Risk Dashboard (RD) for 2021 covering the first quarter of the year. The RD highlights that the main risk for EU financial markets remains that posed by a sudden risk reassessment, amid the general decoupling of securities prices from economic fundamentals, and is maintains its risk assessment at a very high…

  • EDPB Annual Report 2020

    Ensuring data protection rights in a changing world

    The European Data Protection Board (EDPB) presented its Annual Report 2020. The report provides a detailed overview of the work carried out by the EDPB in a year marked by the worldwide pandemic.

    EDPB Chair, Andrea Jelinek said: "2020 and the COVID-19 pandemic significantly altered how we live and work. Given the increasing presence of…

  • FSB publishes a statement on the use of the ISDA spread adjustments in cash products

    FSB OSSG Supports Use of the ISDA Spread Adjustments in Cash Products

    The FSB’s Official Sector Steering Group (OSSG) requested that the International Swaps and 
    Derivatives Association (ISDA) undertake an initiative to strengthen contractual fallbacks in 
    derivatives referencing key interbank offered rates (IBORs) in July 2016, and the OSSG engaged 
    regularly with ISDA and other stakeholders…

  • ESMA takes lead on Working Group on Euro Risk Free Rates

    ESMA published the latest edition of its Newsletter “Spotlight on Markets”

    Your one-stop-shop in the world of financial markets focuses this month on the Working Group on Euro Risk Free Rates and ESMA’s response to the European Supervisory Authorities’ consultation. Key publications also include:

    • the Call for evidence on Digital Finance;
    • ESMA’s proposal to lower the reporting threshold for net…