EFAMA published the comment in its latest market findings which show the main trends in the ETF market in Europe
The report, constructed in collaboration with eleven other European and international organisations, tracks Europe’s capital markets’ progress across nine key performance indicators
Through the new Union Strategic Supervisory Priority, ESMA hopes to keep pace with technology and market developments, monitor potential contagion effects of attacks and track disruptions across markets and firms
The Association for Financial Markets in Europe has shared its response to the European Commission’s consultation on the FiDA proposal, which seeks to open up access to financial data
As part of the new mandate, EDB has been selected to provide depositary services for 32 bank accounts for 14 special purpose vehicles
The report follows market structures between 2019 and 2022, placing a particular focus on the impact of Brexit and the UK’s “pivotal role” in equity markets
While the introduction of cash penalties under the Central Securities Depositories Regulation has reduced settlement fails somewhat, particularly for equities, the report affirms that inefficiencies remain, prompting higher costs and increased risk
ESMA made the decision based on the inclusion of the United Arab Emirates on the high-risk third countries list included in the Commission Delegated Regulation
