07/08/2024 | Press release | Distributed by Public on 07/08/2024 03:09
The consultations are aimed at the following entities supervised by ESMA: Benchmark Administrators, Credit Rating Agencies, and three types of Market Transparency Infrastructures (Securitisation Repositories under SECR, Trade Repositories under EMIR/SFTR, and Data Reporting Service Providers under MiFiR).
Consultation on periodic reporting
The Consultation Paper sets out the information ESMA expects to receive and a timeline for supervised entities to provide the required information. The objective of the Draft Guidelines is to ensure consistency in cross-sectoral reporting.
The proposed Guidelines aim to:
Consultation on supervisory expectations for management bodies
The Consultation Paper sets out ESMA's supervisory expectations in relation to good practice in governance arrangements, such as on the role, operation, and effectiveness of the management bodies of the entities supervised by ESMA. The proposed guidance is also aimed at future supervised entities.
In addition, this consultation seeks feedback from systemically important Third Country Central Counterparties (Tier 2 TC CCPs).
Next steps