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Europe Daily Bulletin No. 12310

22 August 2019
Contents Publication in full By article 23 / 32
ECONOMY - FINANCE - BUSINESS / Finance
Commission and ESMA disagree on assessment of transparency of financial products due to Brexit
Brussels, 21/08/2019 (Agence Europe)

The uncertainty surrounding Brexit interfered in early August with the assessment of the transparency of financial products, causing disagreement between the European Commission and the European Securities and Markets Authority (ESMA).

The Commission's delegated Regulation 'RTS 2', adopted in July 2016, which complements the Regulation on markets in financial instruments, requires ESMA, before 30 July each year, to submit to the Commission an assessment of the thresholds for determining the...

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