The European Securities and Markets Authority (ESMA) has today published its response to the European Commission’s Green Paper on Retail Financial Services (the ‘Green Paper’).
In the response, ESMA conveys its views on a number of topics covered in the Green Paper which are considered relevant to ESMA as well as on ESMA’s activities and their contribution to the objective of ensuring providers and customers of retail financial products make better use of the Single Market. This response should be considered in the broader context of ESMA’s response to the European Commission’s Capital Markets Union Green Paper.
The ESMA statement and the full response are available here.