Regulatory Alerts2021-05-27
ESMA Opinion on the 2019 Discharge Report of the European Parliament
ESMA issues this opinion to respond to the European Parliament's 2019 Discharge Report, welcoming the approval of its accounts while addressing specific observations on budget management and governance. The Authority highlights the need for legal amendments to harmonize Trade Repository fee calculations and emphasizes that adequate financial and human resources must be allocated to support its expanding mandates in sustainable and digital finance. Furthermore, ESMA confirms compliance with labor laws, details improvements in its internal control and procurement systems, and outlines its ongoing efforts to disseminate market risk research to the public.
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