Securities and Markets Stakeholder Group

From ACT Wiki
Jump to navigationJump to search

Financial services supervision - European Union (EU) - European Securities and Markets Authority (ESMA).

(SMSG).


The Securities and Markets Stakeholder Group facilitates ESMA’s stakeholder consultation by providing technical advice on ESMA’s policies under development.

In particular, the SMSG is consulted on actions concerning regulatory technical standards and implementing technical standards and, guidelines and recommendations, to the extent that these do not concern individual financial market participants.


The SMSG may also submit opinions and advice to ESMA on its own initiative, with a particular focus on promoting supervisory convergence and assessing market developments.

The SMSG may also submit a request to ESMA to investigate an alleged breach or non-application of [European] Union law.

(Source - SMSG.)


See also


Other resource