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Latest news from EU institutions and bodies (509)

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  • 10 July 2024
European Commission Daily news Brussels, 10 Jul 2024 EU sends planes to help with wildfires in Albania Following a request for assistance from Albania through the EU Civil Protection Mechanism, Greece has sent 4 p...
  • 10 July 2024
News The European Union Agency for Asylum (EUAA) has just published a new Country of Origin Information (COI) report on Nigeria, which examines the security situation in the country and its impact on civilians, through a regional breakdown. It also looks into the issue of human trafficking and identifies selected profiles of relevance for the assessment of Nigerian applications for international protection by EU+ countries.
  • 10 July 2024
MiFIR review: ESMA launches new consultations 10 July 2024 Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is publishing today a new package of public consultations with the objective of increasing transparency and system resilience in financial markets, reducing reporting burden and promoting convergence in the supervisory approach.  This package includes:  Amendments to rules on the liquidity assessment for equity instruments, on equity transparency and on the volume cap.  A draft of the new Implementing Technical Standard (ITS) on systematic internalisers (SIs).   A section on the equity Consolidated Tape Provider (CTP) in relation to the input/output data, to ensure full alignment between the transparency requirements and the CTP specifications.   A section on flags to be used in the post-trade transparency reports for non-equity instruments which was missing in the previous consultation.   New rules specifying organisational requirements of trading venues, adding new provisions on circuit breakers and with targeted amendments to adapt to the DORA framework.  Once these standards are approved, they will facilitate the implementation of the Consolidated Tape Provider (CTP) in the European Union as well as contribute to a more informative pre-trade and post-trade transparency regime. The new rules also aim to foster efficiency and competitiveness in European financial markets, thanks to streamlined reporting requirements.   Next Steps ESMA will consider all comments received by:    15 September 2024 for the technical advice (Section 3), RTS 1 (Section 4), the RTS on input/output data for shares and ETFs CTP (Section 8) and the flags under RTS 2. Please submit your response here. 15 October 2024 for the SI ITS (Section 5), RTS 3 (Section 6) and RTS 7 (Section 7). Please submit your response here. ESMA will prepare a final report and intends to submit to the European Commission the technical advice and the draft technical standards for RTS 1, the whole input/output data RTS and RTS 2 (including the flags) in December 2024, and the remaining mandates in March 2025. Further information on the MiFID II /MiFIR review and the upcoming consultation process can be found on the dedicated webpage.   Further information: Cristina Bonillo Senior Communications Officerpress@esma.europa.eu 10/07/2024 ESMA74-2134169708-7011 MiFIR Review - Consultation Package 3 (equity transparency, volume cap, circuit breakers, SI, the equity CTP, flags under RTS 2)
  • 10 July 2024
ESMA publishes latest edition of its newsletter 10 July 2024 ESMA newsletter The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter. Your one-stop-shop in the world of EU financial markets focused in June on ESMA’s Final Report on Greenwashing, the 2023 Annual Report and other important updates in the realm of the Regulation on the Markets in Crypto-Assets or MiCA. On the latter, ESMA released its Final Report and Guidelines on suitability of management body members and shareholders. In addition, the ESAs also published a joint Opinion on the assessment of the Sustainable Finance Disclosure Regulation and opened registrations for the Consumer Protection Day.  This issue of the Newsletter also covers the Final Report on the Guidelines on Enforcement of Sustainability Information and a Public Statement on the first application of the European Sustainability Reporting Standards. Finally, ESMA reappointed three current members to its Management Board, and appointed new members of its Securities and Markets Stakeholder Group. The newsletter features a full overview of all publications, together with information on next month’s speaking appearances of ESMA staff and vacancies. For updates, follow us on X and LinkedIn. 10/07/2024 ESMA newsletter Newsletter June 2024