ESMA says sanctions for MiFID II breaches reach €8.4M in 2020
Spain and Cyprus imposed the heaviest penalties for MiFID II breaches in 2020, according to data published by ESMA today.
ESMA
ESMA outlines rules for SPAC disclosures
ESMA has published a disclosure and investor protection guidance on special purpose acquisition companies (SPACs).
ESMA warns that PFOF not compatible with MiFID II rules
MiFID II obligations are aimed at ensuring firms act in their clients’ best interest when executing their orders.
ESMA fines DTCC Derivatives Repository for EMIR data breaches
ESMA has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of EMIR regarding data.
ESMA approves registrations of two securitisation repositories under SECR
ESMA has approved the registrations of the first two securitisation repositories (SRs) under the Securitisation Regulation (SECR).
ESMA supports Dutch AFM move to restrict Turbos for retail traders
ESMA also encouraged other national EU regulators to monitor Turbos in their respective markets to assess similar risks for retail investors.
ESMA seeks public input on digital finance
The European Securities and Markets Authority (ESMA) has published a call for evidence on digital finance.
Natasha Cazenave replaces Verena Ross as Executive Director of ESMA
Natasha Cazenave is currently Deputy Secretary General and Head of the Policy and International Affairs Directorate at the AMF.
ESMA report highlights high investment product costs for retail investors
Retail clients pay on average around 40% more than institutional investors across asset classes, ESMA finds.
ESMA clarifies application of tick size regime under MiFID II
ESMA amends its Q&As to reflect the amendment in MiFID II which excludes Large in Scale transactions from the mandatory tick size regime.
