On Tuesday 30 May, the European Securities and Market Authority (ESMA) published its response to the European Commission's public consultation on the effectiveness and efficiency of the European Supervisory Authorities (ESAs).
In a letter to the European Commissioner for Financial Services, Valdis Dombrovskis, ESMA President Steven Maijoor issued recommendations to improve the authority's operations and help it to achieve its objectives of protecting investors and achieving stability on the...