European Union: ESMA statement regarding the rising risks from the provision of unregulated products and services
Progress
Current status
adopted
25 May 2023 adopted
Scope
Implementers
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
other regulatory body
Implementation Level
supranational
Timeline of events
Adopted ESMA statement regarding the rising risks from the provision of unregulated products and services
On 25 May 2023, the European Securities and Markets Authority (ESMA) and National Competent Authorities issued a statement regarding the arising risks from the provision of unregulated products and services by investment firms. The report notes that…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body