European Securities and Markets Authority

AML / KYC

ESMA Recommends Use of DTI Codes for DLT Pilot Regime

By Manesh Samtani | 12/01/2023

The DTI Foundation, a division of Etrading Software, has so far issued ISO-standard DTI codes for over a thousand of the most commonly traded digital assets.

Market Infrastructure

RBI Working to Mitigate Risks from ESMA Decision on Indian CCPs

By Mark Johnston | 05/01/2023

The RBI said it is engaging with European regulators and discussing “alternate arrangements” to avert a market disruption that could result from ESMA’s derecognition of Indian CCPs.

Crypto / Digital Assets

ESMA Issues Guidelines for Operators of DLT Market Infrastructure

By Editors | 22/12/2022

The guidelines include templates firms can use to apply for permission to operate DLT market infrastructure under the EU’s DLT Pilot Regulation.

Market Infrastructure

ESMA Publishes Final Guidelines, Validation Rules for EMIR Refit

By Editors | 22/12/2022

ESMA published its final guidelines for reporting under EMIR, the final validation rules, and reporting instructions for outgoing and incoming messages.

ESG / Sustainability

ESMA Labelling Rules to Complicate Green Fund Market

By ESG Investor | 11/12/2022

Plans to introduce minimum investment thresholds risk creating two types of Article 8 products, says Julia Vergauwen at Linklaters.

Market Infrastructure

EU Commission Proposes New Rules on Clearing, Listing

By Editors | 11/12/2022

EU market participants will have to hold “active accounts” at EU CCPs for clearing certain systemic derivatives. Dual class shares will be introduced.

Fintech / Regtech

EU’s Digital Operational Resilience Act Wins Final Approval

By Manesh Samtani | 01/12/2022

All financial entities and the third parties that provide them ICT-related services will have to adhere to DORA requirements from around the end of 2024.

Market Infrastructure

ESMA to Simplify Cash Penalties Process Under CSDR

By Editors | 24/11/2022

The amendments simplify the cash penalties process by putting CSDs in charge of collection and distribution, including for CCP-cleared transactions.

ESG / Sustainability

ESMA Proposes New Rules for ESG and Sustainability Labelled Funds

By Sanday Chongo Kabange | 21/11/2022

A fund with ESG-related terms in its name will have to use at least 80% of its investments to meet environmental or social characteristics or sustainable investment objectives.