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The European Securities and Markets Authority said today that companies should be aware of EU laws for preventing market abuses when holding 'pre-close calls' with selected analysts

EU watchdog warns firms over over 'pre-close calls'

Companies should not share market-sensitive information with external analysts ahead of financial statements, the European Union's securities watchdog said, in its first such warning, following cases of share volatility linked to such disclosures.

Business • 29 May 24

Derville Rowland is the Central Bank's Director-General (Financial Conduct)

Rowland chair of ESMA's Investment Management Committee

Derville Rowland, the Central Bank's Director-General (Financial Conduct), has been elected as Chair of the Investment Management Standing Committee of the European Securities and Markets Authority (ESMA).

Business • 21 May 21

The biggest EU fine - €2.7m - was imposed on Moody's UK

EU fines Moody's €3.7m over conflicts of interest

Europe's markets watchdog has today announced a €3.7m fine against five European entities of Moody's credit ratings agency over breaches of conflict of interest rules.

Business • 30 Mar 21

The London offices of EU firms are headed into a 'conflict of law' between the UK and Europe, the European Union's top markets regulator warns

EU regulator says derivatives market faces challenges

The European Union's top markets regulator has delivered a fresh warning that big European banks will face difficulties trading derivatives when they are locked out of London's dominant trading platforms at the end of the Brexit transition this month.

Business • 04 Dec 20

The EU watchdog said the trading obligation for derivatives would not change from the initial policy it set out last year

Brexit: EU tells banks to trade derivatives inside bloc

Banks in the European Union will have to use platforms inside the EU to trade derivatives from January, the bloc's securities watchdog said today, in a move that could cut off the City of London, the world's biggest derivatives trading hub.

Business • 25 Nov 20

Wirecard filed for insolvency yesterday after disclosing a €1.9 billion hole in its accounts only a week ago

Oversight of Wirecard to be examined by EU watchdog

The European Commission will ask its markets watchdog to investigate whether German financial regulator BaFin failed in its supervision of payments company Wirecard.

Business • 26 Jun 20

Listed companies must publish an annual financial report within four months from the end of their financial year

EU watchdog gives nod to delaying financial reports

Regulators should give listed companies an extra two months to publish their annual financial statements given the difficulty of completing audits on time due to the coronavirus epidemic, the European Union's markets watchdog said today.

Business • 27 Mar 20

The European Banking Authority has sought to reassure lenders on loan losses rules

EU tells banks to be flexible over loan losses rule

Banks in the European Union have the flexibility to avoid a huge rise in provisioning for temporary non-payment of loans during the coronavirus outbreak, EU banking and securities watchdogs said today.

Business • 25 Mar 20

Credit rating agency Fitch has been fined a record €5.13m for breaching rules aimed at avoiding conflicts of interest

EU watchdog fines Fitch a record €5.13m

The European Union's markets watchdog has fined credit rating agency Fitch a record €5.13m for breaching rules aimed at avoiding conflicts of interest.

Business • 28 Mar 19

The new pacts will allow EU and UK regulators to exchange information on credit ratings agencies like Moody's with major operations in London that rate firms across the EU

Brexit: EU and UK markets watchdogs agree pacts

European Union and UK market watchdogs have agreed pacts for swapping information on asset managers, credit rating agencies and transaction reporting bodies to avoid chaos in the case of a no-deal Brexit.

Business • 01 Feb 19

European Securities and Markets Authority