On the basis of the results of its peer evaluation, the European Securities and Markets Authority (ESMA) said on Tuesday 18 July that the supervision by the national competent authorities (NCAs) of the financial information provided to investors on issuers of transferable securities admitted for trading on a regulated market should be stepped up.
This exercise, carried out on the basis of the questionnaire sent to all NCAs and on-site visits to seven jurisdictions, analysed whether the NCAs...