ESMA will focus on fund costs in the year ahead
ESMA research finds that more than 4% of liquidity is fleeting
New data sources provide the first comprehensive look at the region's markets
Proposed guidance targets efforts to increase data access
Risk assessment from European regulators warns of array of challenges facing financial sector
The bloc is consulting on a template for a wide range of financial products
Investors face lower returns than with active funds, much higher costs than with passive funds
Regulators warn of financial markets detaching from economic reality
Stricter short-reporting requirements will extend through the summer
Cybersecurity is a key issue, along with supervisory concerns