European Securities and Markets Authority (ESMA)

🌟 Kickstart your future with a traineeship at #ESMA! 🚀 Discover diverse opportunities that will help you gain practical experience, expand your network, and offer a chance to work in an international setting. #ESMAjob ⏰ Apply by 30 November for: - Support functions → https://lnkd.in/g3Z6cgyC - Data, Economics and IT → https://lnkd.in/g4u5SUhy - Governance, Legal, Supervision and Policy → https://lnkd.in/gxWamTbm Take a look at the ESMA #traineeship journey – straight from our former trainees! 📹 Arina’s success story → https://lnkd.in/dNVcNrNd 📹 Pau’s success story → https://lnkd.in/dqJqAi3M 💼 Explore what makes traineeships at ESMA unique → https://lnkd.in/gV65J6qG EU Careers by EPSO

📢❓ It's Q&A day. #ESMA updated or issued Q&As on #MiCA and EMIR → https://lnkd.in/dCGsKq3h #DYK | ESMA provides guidance and clarification to ensure consistent application of the Single Rulebook for financial services → https://lnkd.in/eMy2HmhC

💨 EU #carbon markets are operating smoothly, with no major issues identified in transparency or integrity. Read more about the findings in our report → https://lnkd.in/dcg2392g ⚡ Emission allowance auctions and #markets trading dynamics remain consistent, continuing to facilitate the flow of allowances from financial intermediaries to companies with compliance obligations. This reflects a market structure that supports diverse acquisition strategies and approaches from market participants.

🗞️ In a recent interview with Citywire, ESMA Chair Verena Ross shared insights into our priorities, expanding responsibilities, and the challenges ahead. Speaking with William Robins, they explored key topics including the Savings and Investment Union (#SIU), fund markets, and cyber resilience. 🌿 Verena also reflected on the progress of #SustainableFinanceEU, our work on #ESG fund naming, and the impact of innovation in finance. 🎙️ Read the interviews ⤵️ - https://lnkd.in/dGB_bZJJ - https://lnkd.in/dnyrSdHQ

📨 Spotlight on Markets newsletter returns with a fresh lineup from September and October, highlighting ESMA’s #WorkProgramme for 2026. Check it out → https://lnkd.in/db_QHeUd ➡️ Next year’s work will focus on delivering core policy and supervisory mandates while contributing to ambitious reforms for more integrated, accessible, and innovative EU capital markets. What else is there? 🔎 In the first half of 2025, EU securities markets experienced notable volatility amid heightened global uncertainty and trade tensions. Our second risk monitoring report of the year offers an updated overview of structural developments and performance across major financial market sectors. #TRV → https://lnkd.in/d3USRm7f 🌱 ESAs fourth annual report on voluntary disclosures of principal adverse impacts under SFDR notes continued progress in transparency at both entity and product levels. The report includes practical recommendations to enhance disclosure quality and regulatory oversight → https://lnkd.in/dXj8Cb83 🔖 Don’t miss: - ESAs warning on risks and limited protection for certain #cryptoassets providers → https://lnkd.in/d9z_KYn8 - Key reforms to settlement discipline to support the transition to T+1 → https://lnkd.in/dMVKDnuP - 2025 European Common Enforcement Priorities and results of fact-finding on materiality considerations in #sustainability reporting → https://lnkd.in/dbBZYJwA - Second consolidated report on sanctions → https://lnkd.in/enRijUmb  - Technical standards on CCP authorisations, extensions and validations → https://lnkd.in/dMXr9n8D - Consultation on EMIR 3 CCP participation requirements → https://lnkd.in/eZBDWTfH

🛡️ Cyber risk and digital resilience will drive ESMA’s Union Strategic Supervisory Priorities agenda in 2026. Building on strong engagement from national competent authorities and alignment with #DORA, ESMA is calling for continued efforts to strengthen ICT risk management and ensure effective supervisory implementation across the EU → https://lnkd.in/dG-sEH5M 🍃 Supervision of #ESG disclosures has been intense since 2022 and has helped promote the application of requirements across the #sustainable investment ecosystem. In 2026, the focus will shift to consolidating those achievements and targeting high‑risk areas.

🌿 #ESMA’s final report revises technical standards under the regulation on #ESG rating activities, aiming to reduce burden, enhance clarity, and simplify requirements → https://lnkd.in/e4yCXH42 It summarises feedback from the public consultation on 3 technical standards: - applications for authorisation and recognition - separation of activities - public disclosure requirements 💡 DYK | This regulation introduces a harmonised approach to enhance the integrity, transparency, and quality of ESG ratings, supporting the #SustainableFinanceEU agenda.

ESMA issued further guidance to support market participants during the transition to the revised #MiFIDII / MiFIR framework. 💡 The statement clarifies changes for: - Commodity derivatives and derivatives on emission allowances - New regime applicable to Systematic Internalisers (SI regime) - ‘Single’ volume cap mechanism (VCM) - Application of the revised transparency rules for bonds, structured #finance products, emission allowances, and equity instruments 📄 Read the full statement → https://lnkd.in/de3Uqy64

🟢 Let’s talk #TransitionFunds. Our latest analysis highlights how transition funds are shaping investment strategies in a rapidly evolving landscape. Have a read → https://lnkd.in/dEqMK86H ✨ Key findings: - Most transition funds define ambition at the portfolio level, sometimes complemented by real-economy impact goals. - Positive screening relies on forward-looking data and the European Commission’s definition of transition investments, though the role of #ESG ratings isn’t always clear. - Emissions and activity exposure are the most common metrics used to track progress. - Portfolio holdings show a strong focus on energy-intensive sectors, with engagement as a central strategy. 📢 Hear more about the conclusions in our webinar. Join us on 7 November. Register here → https://lnkd.in/dYVinD9H #SustainableFinanceEU

In 2024, over 970 administrative sanctions and measures were imposed across Member States in financial sectors under #ESMA’s remit, totaling more than EUR 100 million. ⚖️ Find more details in our second consolidated report on sanctions → https://lnkd.in/enRijUmb 📈 The largest fines were issued under the Market Abuse Regulation and the Markets in Financial Instruments Directive. Administrative fines accounted for more than 60% of all #sanctions and measures. 10% were settlements, amounting to over EUR 20 million. 📊 Swipe through the charts ⬇️