It’s too soon for any regulatory action given that distributed ledger technology remains at an early stage, new ESMA report concludes
Regulators are concerned that a product that’s restricted, or banned, for investment firms could still be distributed directly by fund managers
The proposal is part of an effort to improve transparency in the over-the-counter (OTC) derivatives markets
The ERP is an important element of ESMA’s work to increase transparency around credit ratings and help investors make informed decisions
Policymakers call for simpler cost disclosure
The complexity speculative products means it may be difficult for the majority of retail investors to understand the risks involved
Proposed guidelines aim to safeguard investors
Consultation period closes Dec. 5
Proposed standards aim to help to restore trust both in benchmarks and financial markets
Joint committee cites low yields, low growth and other risks to EU financial system