European Securities and Markets Authority

Reporting & Disclosures

EU Watchdogs Settle on Greenwashing Definition

By ESG Investor | 06/06/2023

The EBA, EIOPA and ESMA have put forward a common high-level definition of greenwashing applicable to banking, insurance and pensions and financial markets.

Cryptocurrency

EU Officials Formally Sign MiCA Into Law

By Sanday Chongo Kabange | 02/06/2023

The MiCA legislation was signed into law on Wednesday by European Parliament president Roberta Metsola and Swedish minister Peter Kullgren.

Cryptocurrency

ESMA Warns of Crypto Mis-selling by EU Investment Firms

By Mark Johnston | 26/05/2023

ESMA says firms should now use their regulatory status for traditional finance as a marketing tool to promote crypto investments.

Clearing & Post-Trade

ESMA Follows Through with De-recognition of Indian CCPs

By Manesh Samtani | 03/05/2023

So far Indian markets have not faced disruptions. This is attributed to the concessions provided by French and German regulators.

Custody & Infrastructure

FIX Protocol Adopts Digital Token Identifier ISO Standard

By Editors | 24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

Cryptocurrency

European Parliament Gives Final Approval on MiCA Law

By Manesh Samtani | 21/04/2023

MiCA is expected to come into force around July; provisions relating to stablecoins from July 2024; and provisions relating to CASPs and the travel rule from January 2025.

Cryptocurrency

ECB Official Says MiCA Still Needs Further Strengthening

By Manesh Samtani | 10/04/2023

Pre-collapsed FTX and today’s Binance would not meet the threshold for classification as ‘significant’ CASPs. Even if they did, stricter requirements wouldn’t apply.

Clearing & Post-Trade

Taiwan, Canadian Regulators Cross-border Clearing MoU

By Editors | 10/04/2023

The MoU supports TAIFEX’s application for recognition as an exempted clearing agency in Ontario, which will enable Canadian FIs to use its clearing service.

Structural Regulation

Industry Bodies Say EU BMR Presents ‘Cliff-edge Risks’

By Editors | 05/04/2023

Industry bodies say only benchmarks designated as systemically important should be in scope of BMR for mandatory compliance.