Regulatory Alerts2025-07-15
ESMA Opinion on the 2023 Discharge Report of the European Parliament
ESMA issued this opinion to respond to the European Parliament's 2023 discharge report, addressing specific observations regarding its budget, financial management, and procurement. The Authority defended its funding model against calls for stricter cost delineation, citing legal interpretations and operational methodologies, while noting ongoing litigation and improved fee enforcement mechanisms. ESMA also confirmed that it has strengthened procurement controls to address audit findings, resulting in the closure of related observations.
Share