The Preliminary Report the EU Carbon Market presents an overview of the financial regulatory environment for the carbon market under MAR, MiFID II and EMIR and the tools available to securities supervisors to fulfil their responsibilities. It also provides an analysis of price evolution and volatility in European emission allowances (EUAs) and derivatives on EUAs. More here.

ESMA actively contributes to the development of the sustainable finance rulebook and to its consistent application and supervision taking the necessary measures to promote investor protection across the EU. ESMA also engages in risk assessment and market monitoring activities focusing on potential financial stability risks stemming from ESG factors. More here.

This month as also been the first month in office of our new Chair, Verena Ross. She had several Board meetings, exchanges of views with EU Commissioner Mairead McGuinness and the European Central Bank’s President Christine Lagarde. Ms Ross also met her counterparts from the European Supervisory Authorities. More here.