Regulatory Alerts2026-07-22
Added
From design to delivery – five enablers for effective European supervision
The AFM and the AMF identify five enablers to support the transformation of ESMA into a genuine European supervisor under the proposed Market Integration and Supervision Package (MISP). These enablers include risk-based and adaptive supervision, proportionate and transparent funding with cost caps, independent governance with fixed terms, centralized data infrastructure with real-time NCA access, and legally robust enforcement frameworks. The document outlines specific operational requirements such as clear division of roles, harmonized data formats, and cooperation arrangements to ensure consistent outcomes across Member States.
More like this from AFM
AFM published 1 document in the last 30 days. We email you each new one the day it's published.