ESMA: Rules for fines and penalties for data reporting providers
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 54mo ago
This procedure sets out the rules for the European Securities Markets Authority (ESMA) to impose fines or penalty payments on companies that provide data reporting services. It ensures consistent application of rules within the financial markets.
This affects data reporting service providers and clarifies ESMA's enforcement powers. It aims to enhance market integrity and investor protection by ensuring compliance with financial data reporting obligations.