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Commission opens feedback period on ESMA’s fees and fines powers as supervisor of benchmark administrators

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Published on: 02 August 2021
Published by LNB News

LNB News 02/08/2021

Document Information

Issue Date: 02 August 2021

Published Date: 02 August 2021

Jurisdiction(s): European Union

Article summary

The European Commission has opened a feedback period on its initiative to establish the fees that benchmark administrators need to pay the European Securities and Markets Authority (ESMA) for supervision and the procedure ESMA needs to follow to impose fines or penalties on benchmark administrators under its supervision. Responses are sought by 27 August 2021.

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Jurisdiction(s):
European Union

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