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ESMA’s priorities for 2016, in line with the recently published ESMA Strategic Orientation 2016-2020, signals a shift from rulemaking towards implementation and promoting the convergence of supervisory practices.
The key priorities for 2016 focus on:
- Supervisory Convergence – this will be a core focus in ESMA’s activities in relation to the implementation, supervision and enforcement of common EU rules. In support of this work ESMA will produce a supervisory convergence work programme and continue its cooperation with NCAs and other institutions, including the Joint Committee to ensure sectoral consistency;
- MiFID II and MiFIR – this work will continue to dominate activity in 2016, however in line with the shift in priorities the focus will be...
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