On Tuesday 1 October, the EU’s European Securities and Markets Authority (ESMA) published its Annual Work Programme 2025, affirming its commitment to “resilient, transparent and sustainable” European financial markets.
The programme focuses on improving the efficiency and attractiveness of European capital markets and supporting the implementation of a savings and investment union(see EUROPE B13393A3).
ESMA will work to implement the mandates received in the last legislative cycle,...