Regulatory Alerts2023-07-06
ESMA Opinion on the 2021 Discharge Report of the European Parliament
ESMA issues this opinion in response to the European Parliament's 2021 Discharge Report, welcoming the approval of its budget closure while addressing specific observations on financial management and operations. The Authority highlights the necessity of revising its fee-funding model to manage growing budget complexity and new mandates, while reaffirming its commitment to strategic priorities such as sustainable finance and digitalization. Additionally, ESMA details its ongoing efforts to enhance internal controls, diversity policies, and conflict of interest prevention mechanisms in alignment with EU regulatory developments.
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