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
Various European markets scrap short-selling restrictions prompted by Covid-19
Five European regulators extend short ban to May 18
ESMA calls for leniency for fund managers, benchmarks and auditors