European Securities and Markets Authority

Clearing & Post-Trade

ESMA Recognises Shanghai Clearing House as Third-country CCP

By Editors | 04/10/2022

The recognition follows the adoption of a decision on the equivalence of China’s regulatory framework for CCPs with EMIR requirements in June.

Trading & Investment

ESMA Calls for Greater Use of €STR in Derivatives

By Editors | 02/10/2022

Further develop of €STR products will provide the inputs needed to enable the calculation and provision of €STR term rates, ESMA says.

Reporting & Disclosures

ESMA Publishes Final Guidelines on MiFID II Suitability Requirements

By Editors | 28/09/2022

Firms will need to help clients understand the concept of sustainability preferences and explain differences between products with and without sustainability features.

Structural Regulation

ESMA Calls for Relaxation of BMR Third-country Regime

By Manesh Samtani | 23/08/2022

The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.

Anti-Money Laundering

EU Lawmakers Agree on AML Framework for Crypto

By Manesh Samtani | 30/06/2022

Crypto asset service providers will be required to implement customer protection measures and robust AML/CFT safeguards including the travel rule.

ESG Data

ESG Ratings Providers Fall Short on Transparency – ESMA

By ESG Investor | 27/06/2022

There are 59 ESG ratings providers active in the EU, ESMA said in a letter to the European Commission.

Reporting & Disclosures

ESMA Issues Supervisory Guidance on Greenwashing in Funds

By Editors | 04/06/2022

ESMA says administrative measures, including enforcement, may be appropriate in cases where SFDR disclosures are misleading or do not match fund documentation.

Reporting & Disclosures

DWS CEO Quits Over Greenwashing Accusations

By ESG Investor | 02/06/2022

Resignation sparked by German police raids to investigate claims over mis-representation of ESG funds.

Reporting & Disclosures

German Prosecutors Raid DWS Offices Over ESG Claims

By Editors | 01/06/2022

“Sufficient factual evidence” has emerged that ESG factors were not taken into account in many investments, contrary to claims made in DWS fund prospectuses.