Tagged: esma

January 15, 2025 @ 10:49 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published a report addressing crowdfunding in the EU. Not too long ago, the EU approved new rules addressing online capital formation. European Crowdfunding Service Provider regulation (ECSPR) allows a platform approved by the relevant authority in its home… Read More

January 6, 2025 @ 12:59 pm By Omar Faridi  |  

​The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds. Entities interested to apply are encouraged to register and submit their requests in order to participate in… Read More

November 25, 2024 @ 10:15 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA), which is the EU’s financial markets regulator and supervisor, has recently released its Final Report providing the assessment of the shortening of the settlement cycle in the EU. The report aims to highlight that the increased efficiency and… Read More

October 16, 2024 @ 7:27 am By Omar Faridi  |  

The European Securities and Markets Authority (ESMA) noted that the DLT Pilot Regime has started applying in the European Union (EU) as of 23 March 2023. ESMA explained in an update that it provides the legal framework for trading and settlement of transactions in crypto-assets… Read More

August 2, 2024 @ 12:20 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) says National Competent Authorities (NCAs) – or member state regulators – must remain vigilant in regard to crypto markets as MiCA goes into force. The “Opinion” posted by ESMA states that “in order for MiCA to deliver on… Read More

January 31, 2024 @ 11:19 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) posted two consultations on crypto this week—one consultation on reverse solicitation and another on the classification of crypto-assets as financial instruments. The European Union (EU) has approved bespoke rules for crypto under MiCA or Markets in Crypto Assets regulation…. Read More

December 18, 2023 @ 9:20 am By JD Alois  |  

MiCA, or Markets in Crypto Assets, is the European Union’s rules to create an ecosystem where digital assets can innovate and evolve while providing a level of user protection. Recently, ESMA [European Securities and Markets Authority] announced a second public consultation on the implementation of… Read More

October 20, 2023 @ 7:54 am By Omar Faridi  |  

21X in coordination with Polygon Labs is pleased to announce 21X is building an ESMA regulated market infrastructure for tokenized securities “on the Polygon proof-of-stake (PoS) blockchain.” 21X and Polygon Labs are collaborating in order “to advance asset tokenization and trading within the Polygon ecosystem.” Polygon… Read More

October 17, 2023 @ 11:53 am By JD Alois  |  

MiCA, or markets in crypto assets regulation, was approved by the European Union earlier this year. The aim is to provide regulatory clarity for digital assets in the EU. Today, the European Markets and Securities Authority (ESMA) has issued a statement cautioning crypto investors that… Read More

October 12, 2023 @ 7:50 pm By JD Alois  |  

The roster of approved platforms under ECSPR, or European Crowdfunding Service Provider Regulations, has grown quite a bit since CI last reviewed the list of active platforms. In June of 2023, CI reported there were 30 approved platforms. Today, that number stands at 66, according… Read More

June 14, 2023 @ 3:37 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published a time frame for the implementation of Markets in Crypto-Assets Regulation (MiCA). EMSA is the EU securities regulator. The EU recently approved the legislation as it seeks to enable digital asset innovation while incorporating investor protection… Read More

June 11, 2023 @ 1:34 pm By JD Alois  |  

We last looked at the ECSPR [European Crowdfunding Service Providers Regulation] approved crowdfunding platforms in March 2023. At that time, 21 approved securities crowdfunding platforms were allowed to provide services across all European Union member states. ECSPR allows a platform to list securities from private… Read More

April 20, 2023 @ 11:26 am By JD Alois  |  

The European Parliament has adopted MiCA or Markets in Crypto-Assets regulation. This legislative development means the European digital asset (crypto-asset) will now have a bespoke regulatory framework, allowing all EU member states to provide services under a harmonized environment. After several delays, MiCA was approved… Read More

March 26, 2023 @ 3:56 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA)’s Digital Ledger Technology (DLT) Pilot regime is applicable from March 23, 2023, according to an update shared with CI. The Pilot reportedly “allows some exemptions from the EU’s MiFIR and CSDR regimes, making it easier for market participants… Read More

March 20, 2023 @ 5:00 pm By JD Alois  |  

In 2020, rules were approved by the European Union to facilitate cross-border online capital formation for issuers raising up to €5 million. For platforms, they must seek approval from the relevant authority in their home member state. While the process has been a bit slow,… Read More

February 24, 2023 @ 8:54 am By Omar Faridi  |  

The role of AI in EU securities markets is becoming more significant. A widespread use of artificial intelligence (AI) comes with “risks,” according to an update from European Securities and Markets Authority (ESMA). In particular, increased uptake may “lead to the concentration of systems and… Read More

January 15, 2023 @ 9:47 pm By Omar Faridi  |  

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published a joint thematic Report on national financial education initiatives on digitalization, with “a focus on cybersecurity, scams, and fraud.” The Report identifies good practices “that national competent authorities and other public entities can… Read More

October 2, 2022 @ 5:33 pm By JD Alois  |  

In November of 2021, the European Union adopted new rules that allow securities crowdfunding platforms to raise capital across all member states. The move has been welcomed by the industry as it will remove national barriers enabling firms to raise up to €5 million across… Read More

July 13, 2022 @ 11:20 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has commenced a consultation on distributed ledger technology (DLT) or blockchain. The goal is to establish “consistent, efficient and effective supervisory practices within the European System of Financial Supervision (ESFS) and to ensure the common, uniform and consistent… Read More

July 5, 2022 @ 9:36 am By JD Alois  |  

Last week, it was revealed that the decision-makers for the European Union had come to terms on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. The European Commission announced the MiCA proposal on 24 September 2020 as part of a larger digital finance… Read More