ESMA updated the overview of guidelines published under its mandate, with information and links to the related documents. The overview document provides information such as the date of application and links to the final guidelines, consultation reports, feedback to consultations, and peer reviews, if any. In this document, ESMA also provides links to the respective compliance tables, which contain information on whether the national competent authorities in EU member states comply, or intend to comply, with each ESMA guideline.
The overview table categorizes guidelines by directives and regulations, including Alternative Investment Fund Managers Directive, Benchmarks Regulation, Credit Rating Agencies Regulation, Central Securities Depositories Regulation, European Market Infrastructure Regulation, Financial Conglomerates Directive, Market Abuse Regulation, Markets in Financial Instruments Directive (MiFID II), Prospectus Regulation, Money Market Funds Regulation, Undertakings for Collective Investment in Transferable Securities Directive, Short-Selling Regulation, and Transparency Directive.
To promote supervisory convergence, ESMA has the power to issue guidelines (Article 16 of ESMA Regulation 1095/2010) that are addressed to competent authorities or, as the case may be, to market participants. In the context of developing the guidelines, ESMA, where appropriate, conducts open public consultation. ESMA is entitled to receive information from competent authorities or, as the case may be, from market participants on whether they comply with the guidelines and to publish the reasons of non-compliance by supervisory authorities.
Related Link: Guidelines
Keywords: Europe, EU, Securities, List of Guidelines, Competent Authorities, ESMA
Previous ArticleACPR Issues the COREP Taxonomy Version 188.8.131.52 Under CRR
MAS and Temasek jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin, which focused on building a blockchain-based multi-currency payments network prototype.
EBA published phase 2 of the technical package on the reporting framework 2.10, providing the technical tools and specifications for implementation of EBA reporting requirements.
APRA updated the lists of the Direct to APRA (D2A) validation rules for authorized deposit-taking institutions, insurers, and superannuation entities.
PRA updated the statement that provides guidance to regulated firms on implementation of the EBA guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis.
EBA updated the 2019 list of closely correlated currencies that was originally published in December 2013.
FASB issued a proposed Accounting Standards Update that would grant insurance companies, adversely affected by the COVID-19 pandemic, an additional year to implement the Accounting Standards Update No. 2018-12 on targeted improvements to accounting for long-duration insurance contracts, or LDTI (Topic 944).
APRA updated the regulatory approach for loans subject to repayment deferrals amid the COVID-19 crisis.
BCBS and FSB published a report on supervisory issues associated with benchmark transition.
IAIS published a report on supervisory issues associated with benchmark transition from an insurance perspective.
ESMA updated the reporting manual on the European Single Electronic Format (ESEF).