EU short sellers attempt to hide positions to avoid “herd behavior”: ESMA LeapRate

April 13, 2018 BY Valentina Kirilova

EU short sellers attempt to hide positions to avoid “herd behavior”: ESMA

The public disclosure of net short positions in EU shares influences investors’ behaviour, a recent study by the European Securities and Markets Authority (ESMA) finds ESMA shared that its latest Trends, Risks, Vulnerabilities (TRV) Report No. 1, 2018 analysed net short positions reported under the Short-Selling Regulation (SSR). The SSR data shows that there were 210,341…

April 12, 2018 BY Valentina Kirilova

EU Financial Regulators warn against risks for EU financial markets, Brexit, asset repricing...

The securities, banking and insurance sectors in the European Union (EU) face multiple risks, the Joint Committee of the European Supervisory Authorities (ESAs) latest report shows. The ESA report for the second half of 2017 outlines the following risks as potential sources of instability: sudden repricing of risk premia as witnessed by the recent spike…

ESMA ceases renewal of product intervention CFDs measures

August 11, 2017 BY Valentina Kirilova

ESMA agrees first position limits under MiFID II

The European Securities and Markets Authority (ESMA) has published its first three opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR). ESMA’s opinions agree with proposed position limits by the Autorité des Marchés Financiers (AMF) regarding: • Rapeseed; • Corn; and • Milling wheat. ESMA found…

July 20, 2017 BY Valentina Kirilova

ESMA to cooperate with Indian regulators on CCPs

The European Securities and Markets Authority (ESMA) announced that has established a Memorandum of Understanding (MoU) with the Securities and Exchange Board of India (SEBI) under the European Markets Infrastructure Regulation (EMIR). The MoU establishes cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and authorised or recognised in India,…

July 10, 2017 BY Valentina Kirilova

ESMA updates MIFID II/ MIFIR investor protection Q&A

The European Securities and Markets Authority (ESMA) announced that has added 2 new Q&A to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The new Q&A cover the topics of recording of telephone conversations and electronic communications, and…

July 07, 2017 BY Valentina Kirilova

ESMA consults on the evaluation of the short-selling regulation

The European Securities and Markets Authority (ESMA) has issued a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR). ESMA publishes this consultation paper to seek the views of market participants on the three main elements of its advice to the EC: the scope and functioning of…

July 07, 2017 BY Valentina Kirilova

ESMA proposes simplifications for prospectuses

The European Securities and Markets Authority (ESMA) has published three Consultation Papers (CP) on the Prospectus Regulation. The Prospectus Regulation, in the context of the Capital Markets Union action plan, aims to make it easier and cheaper for companies, and in particular smaller companies, to access capital and improve prospectus accessibility for investors. The three…

August 03, 2016 BY Valentina Kirilova

ESMA: Opinion on Danish pension scheme to be exempt from central clearing under EMIR

The European Securities and Markets Authority (ESMA) has issued an opinion regarding the exemption of a Danish pension scheme from the obligation to centrally clear OTC derivative contracts under the European Market Infrastructure Regulation (EMIR). Pension scheme arrangements meeting certain criteria were granted a transitional exemption from the clearing obligation under EMIR. Some pensions schemes…

July 22, 2016 BY Valentina Kirilova

ESMA fines Fitch Ratings Ltd €1.38 million

The European Securities and Markets Authority (ESMA) has fined Fitch Ratings Limited (Fitch) €1.38 million for a series of negligent breaches of the Credit Rating Agencies (CRA) Regulation and has published the Decision of the ESMA Board of Supervisors and a Public Notice in relation to this action. ESMA has found certain senior analysts in…

Tag: European Securities and Markets Authority (ESMA)