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In an economic context marked by high inflation, heightened geopolitical tensions and rapid technological changes, ESMA will ensure close market and risk monitoring and support the effective implementation of the European regulatory framework related to the digital and sustainability transitions. By fostering effective regulation and supervision of the European capital markets, ESMA contributes to addressing the challenges faced by the EU and its citizens.
Verena Ross, Chair of ESMA, said:
“The implementation of a number of significant legislative projects will shape ESMA’s work and responsibilities in 2024. In particular, the finalisation of the regulatory framework under MiCA and the preparations with national authorities for the new regime will be important to contribute to enhancing investor protection in the crypto market. The authorisation of the first Consolidated Tape Providers will increase transparency and foster a single data source across the EU’s financial markets.
2024 will be an important year for the European Union as a whole, with a new Parliament and Commission following the elections next June. ESMA will engage with and support them in determining the priorities for the next legislative period, providing technical advice and input on the different legislative initiatives across our remit.”
Natasha Cazenave, Executive Director of ESMA, added:
“The political, technological and economic developments expected in 2024 present ESMA with wide ranging and demanding new tasks.
ESMA and its staff are committed to delivering across its responsibilities and ensuring the authority remains agile to respond to new developments.”