Tag: NCAs

March 13, 2020 BY Steffy Bogdanova

ESMA issues recommendations for financial market participants regarding Covid-19 

The European Securities and Markets Authority (ESMA), in coordination with the National Competent Authorities (NCAs) is closely monitoring the impact of Covid-19 outbreak on financial markets in the European Union. Following a discussion of the Board of Supervisors examining the marketing situations and observing contingency measures taken by supervised entities, ESMA is making the following…

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ESMA bond liquidity data
July 30, 2018 BY Valentina Kirilova

ESMA finds shortcomings in national supervision of efficient portfolio management by UCITS

The European Securities and Markets Authority (ESMA) has informed that it has found that national regulators need to improve their supervision of Undertakings for Collective Investments in Transferable Securities (UCITS) engaging in efficient portfolio management techniques (EPM). A recent peer review by ESMA, which assessed the level of compliance of six national competent authorities (NCAs)…

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