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Esma and FCA to settle delegation issue

Europe’s financial regulator has announced a memorandum of understanding (MoU) between the EU and UK that will provide certainty around fund management activities being...

Fees reduce investment returns by a quarter, Esma finds

The fees imposed by investment houses on Ucits funds reduce gross returns by an average of 25%, according to the pan-European financial regulator Esma. The...

Regulation: Preparing for SFTR

A new regulation with significant implications for securities lending is just over a year away. Lynn Strongin Dodds reports. Just as market participants are catching...

Esma urges EU-wide approach to crypto-assets

The EU financial regulator has attempted to clarify where crypto-assets fall in with European financial regulation. Institutions in the EU have received advice from the...

Esma to focus on supervisory convergence and Brexit in 2019

The European Securities and Markets Authority (Esma) has published its 2019 work programme, setting out its priorities for the year ahead. The pan-European financial regulator...

EU benchmarks regulation expected to impact buy-side

Few in financial services will have missed the advent of MiFID II. So intense was the interest, it would have been easy to overlook...

Esma calls on regulators to act on Ucits EPM disclosure

Europe’s financial services watchdog says a number of national regulators – including in Luxembourg, the UK and Ireland – need to ensure investors receive...

Esma warns time is running out for post-Brexit licences

The EU’s financial markets regulator has warned financial services companies in the UK that they will, in the event of a hard Brexit, need...

Regulators criticised for Ucits disclosure failings

Many Ucits equity funds – including some that are already under fire for allegedly being “closet index-trackers” – are failing to publish their performance...

Esma appoints CBI director to management board

The European Securities and Markets Authority (Esma) has appointed a director of the Central Bank of Ireland to its seven-person management board. The appointment of...

Esma tones down rhetoric on delegation

Steven Maijoor, the chairman of the European Securities and Markets Authority (Esma), has downplayed the possibility that the pan-European financial regulator could seek to...

Esma’s MiFID II dealing change causes upset

The European financial regulator has come under fire for proposing a “last-minute” change to its revised capital markets rules, known as MiFID II, that...

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