Position papers

Response to ESMA consultation on Product Intervention Powers (CFDs and Binary Options)

Created: Monday, 05 February 2018 13:37

FESE generally agrees with the elements proposed by ESMA to identify CFDs and binary options. However, we would like to point out that the definitions, in particular in the case of CFDs, are quite broad and could unwittingly capture financial instruments which ESMA did not intend to subject to additional investor protection measures.

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FESE Position Paper: Amendments to the European System of Financial Supervision and the Review of the European Supervisory Authorities

Created: Thursday, 25 January 2018 12:54

FESE welcomes the opportunity to provide its views on the Review of the European Supervisory Authorities. In considering the proposals from the European Commission on the ESAs Review, FESE believes the focus should be on the following high-level principles

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Response to ESMA Consultation on RTS 1

Created: Wednesday, 24 January 2018 08:44

FESE strongly supports ESMA’s proposal to clarify that Systematic Internalisers’ quotes would only reflect prevailing market conditions where the price levels could be traded on a trading venue at the time of publication. We welcome ESMA’s initiative to clarify this issue which we consider to be a necessary development in order to deliver on the objectives of MiFID II/MiFIR and therefore urge ESMA and the Commission to move speedily to adopt this amendment to the Level 2 framework.

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Response to ESMA Consultation on Guidelines for Non-Significant Benchmarks

Created: Wednesday, 29 November 2017 08:27

Overall, FESE agrees with the draft guidelines on non-significant benchmarks published by ESMA, however, in terms of the scope of input data further clarification is necessary.

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FESE Response to the ESMA Consultations on Prospectus Regulation

Created: Friday, 13 October 2017 09:07

FESE fully supports the European Commission's Capital Markets Union (CMU) project, and its goal to strengthen the European economy and ensure easier access to markets for all companies, including growth companies which are the backbone and engine of the economy.

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