ESMA Launches 'One-Stop Shop' for EU Regulatory Information
- Following directives published the EU Parliament in November 2010, the European Securities and Markets Authority announced the launch of what it calls a “One-stop shop for EU regulated investment information”.
Following directives published by the EU Parliament in November 2010, the European Securities and Markets Authority (ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term) has announced the launch of what it calls a “One-stop shop for EU regulated investment information”. The new section is a consolidated register of information from EU regulators. Using the register, viewers will be able to access information such as lists of MiFID investment firms, management companies and recent sanctions reported by numerous EU regulators from one interface.
According to ESMA, the “Consolidated Registers is a reference tool aimed at enhancing investor protection by improving transparency across the EEA and providing the public with access to official information.” Information is compiled by European Economic Area national competent authorities adding information into the register. As such, local supervisory websites are expected to continue to be the source of the most updated information. Overall, the launch of the consolidated registrar system is part of ongoing ESMA guidelines being enacted to create more uniform financial frameworks between regulators of different EEA countries.
Following directives published by the EU Parliament in November 2010, the European Securities and Markets Authority (ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term) has announced the launch of what it calls a “One-stop shop for EU regulated investment information”. The new section is a consolidated register of information from EU regulators. Using the register, viewers will be able to access information such as lists of MiFID investment firms, management companies and recent sanctions reported by numerous EU regulators from one interface.
According to ESMA, the “Consolidated Registers is a reference tool aimed at enhancing investor protection by improving transparency across the EEA and providing the public with access to official information.” Information is compiled by European Economic Area national competent authorities adding information into the register. As such, local supervisory websites are expected to continue to be the source of the most updated information. Overall, the launch of the consolidated registrar system is part of ongoing ESMA guidelines being enacted to create more uniform financial frameworks between regulators of different EEA countries.